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Compared to Estimates, Travel + Leisure Co. (TNL) Q3 Earnings: A Look at Key Metrics
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For the quarter ended September 2023, Travel + Leisure Co. (TNL - Free Report) reported revenue of $986 million, up 5.2% over the same period last year. EPS came in at $1.54, compared to $1.28 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $973.04 million, representing a surprise of +1.33%. The company delivered an EPS surprise of +5.48%, with the consensus EPS estimate being $1.46.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Travel + Leisure Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Revenues- Vacation Ownership: $812 million compared to the $796.57 million average estimate based on five analysts. The reported number represents a change of +7.7% year over year.
Net Revenues- Travel and Membership: $174 million compared to the $179.59 million average estimate based on five analysts. The reported number represents a change of -4.9% year over year.
Adjusted EBITDA- Travel and Membership: $62 million versus $62.17 million estimated by four analysts on average.
Adjusted EBITDA- Vacation Ownership: $203 million versus $200.07 million estimated by four analysts on average.
Adjusted EBITDA- Corporate and Other: -$17 million versus the two-analyst average estimate of -$15.50 million.
Shares of Travel + Leisure Co. have returned -6.7% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Travel + Leisure Co. (TNL) Q3 Earnings: A Look at Key Metrics
For the quarter ended September 2023, Travel + Leisure Co. (TNL - Free Report) reported revenue of $986 million, up 5.2% over the same period last year. EPS came in at $1.54, compared to $1.28 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $973.04 million, representing a surprise of +1.33%. The company delivered an EPS surprise of +5.48%, with the consensus EPS estimate being $1.46.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Travel + Leisure Co. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Revenues- Vacation Ownership: $812 million compared to the $796.57 million average estimate based on five analysts. The reported number represents a change of +7.7% year over year.
- Net Revenues- Travel and Membership: $174 million compared to the $179.59 million average estimate based on five analysts. The reported number represents a change of -4.9% year over year.
- Adjusted EBITDA- Travel and Membership: $62 million versus $62.17 million estimated by four analysts on average.
- Adjusted EBITDA- Vacation Ownership: $203 million versus $200.07 million estimated by four analysts on average.
- Adjusted EBITDA- Corporate and Other: -$17 million versus the two-analyst average estimate of -$15.50 million.
View all Key Company Metrics for Travel + Leisure Co. here>>>Shares of Travel + Leisure Co. have returned -6.7% over the past month versus the Zacks S&P 500 composite's -1.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.