Advertisement
Singapore markets closed

  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    64,105.32
    +5,026.61 (+8.51%)
     

  • CMC Crypto 200

    1,359.39
    +82.41 (+6.45%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • Dow

    38,675.68
    +450.02 (+1.18%)
     

  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     

  • Gold

    2,310.10
    +0.50 (+0.02%)
     

  • Crude Oil

    77.99
    -0.96 (-1.22%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     

  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     

  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Travel Leisure Co. (TNL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Equity Research
·2-min read

Travel + Leisure Co. (TNL) reported $916 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 4.2%. EPS of $0.97 for the same period compares to $0.89 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $907.53 million, representing a surprise of +0.93%. The company delivered an EPS surprise of +14.12%, with the consensus EPS estimate being $0.85.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

ADVERTISEMENT

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: $725 million versus the five-analyst average estimate of $709.32 million. The reported number represents a year-over-year change of +5.8%.

  • Net Revenues- Travel and Membership: $193 million versus the five-analyst average estimate of $203.67 million. The reported number represents a year-over-year change of -3.5%.

  • Adjusted EBITDA- Travel and Membership: $75 million versus $76.91 million estimated by four analysts on average.

  • Adjusted EBITDA- Vacation Ownership: $135 million versus $124.87 million estimated by four analysts on average.

  • Adjusted EBITDA- Corporate and Other: -$19 million compared to the -$17.75 million average estimate based on two analysts.

View all Key Company Metrics for Travel Leisure Co. here>>>

Shares of Travel Leisure Co. have returned -2.9% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Travel + Leisure Co. (TNL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research