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Travel + Leisure Co. (TNL) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2023, Travel + Leisure Co. (TNL - Free Report) reported revenue of $879 million, up 8.7% over the same period last year. EPS came in at $0.89, compared to $0.69 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $839.4 million, representing a surprise of +4.72%. The company delivered an EPS surprise of +12.66%, with the consensus EPS estimate being $0.79.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: $685 million versus $632.80 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.
Net Revenues- Travel and Membership: $200 million versus the five-analyst average estimate of $207.22 million.
Adjusted EBITDA- Vacation Ownership: $131 million versus the four-analyst average estimate of $111.19 million.
Adjusted EBITDA- Travel and Membership: $71 million versus the four-analyst average estimate of $76.67 million.
Shares of Travel + Leisure Co. have returned +7.9% over the past month versus the Zacks S&P 500 composite's +2.6% 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.
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Travel + Leisure Co. (TNL) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2023, Travel + Leisure Co. (TNL - Free Report) reported revenue of $879 million, up 8.7% over the same period last year. EPS came in at $0.89, compared to $0.69 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $839.4 million, representing a surprise of +4.72%. The company delivered an EPS surprise of +12.66%, with the consensus EPS estimate being $0.79.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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: $685 million versus $632.80 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +13.4% change.
- Net Revenues- Travel and Membership: $200 million versus the five-analyst average estimate of $207.22 million.
- Adjusted EBITDA- Vacation Ownership: $131 million versus the four-analyst average estimate of $111.19 million.
- Adjusted EBITDA- Travel and Membership: $71 million versus the four-analyst average estimate of $76.67 million.
View all Key Company Metrics for Travel + Leisure Co. here>>>Shares of Travel + Leisure Co. have returned +7.9% over the past month versus the Zacks S&P 500 composite's +2.6% 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.