Travel + Leisure (TNL) Tops Q3 EPS by 7c

Travel + Leisure (NYSE: TNL) reported Q3 EPS of $1.54, $0.07 better than the analyst estimate of $1.47. Revenue for the quarter came in at $986 million versus the consensus estimate of $974.36 million.

The Company is providing guidance regarding expectations for the fourth quarter 2023:

Adjusted EBITDA of $233 million to $248 million
Gross VOI sales of $541 million to $591 million
VPG of approximately $3,000 to $3,150
Travel and Membership Adjusted EBITDA of $45 million to $50 million
Adjusted EPS of approximately $1.32 to $1.46 assuming no additional share repurchases

For earnings history and earnings-related data on Travel + Leisure (TNL) click here.

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