Travel + Leisure (TNL) Tops Q3 EPS by 10c; offers outlook

Travel + Leisure (NYSE: TNL) reported Q3 EPS of $1.57, $0.10 better than the analyst estimate of $1.47. Revenue for the quarter came in at $993 million versus the consensus estimate of $1.01 billion.

Outlook

The Company is providing its fourth quarter 2024 guidance:

Adjusted EBITDA of $240 million to $260 million

Gross VOI sales of $550 million to $600 million

VPG of $2,900 to $3,000

Travel and Membership Adjusted EBITDA of $45 million to $50 million

The Company is updating its previous guidance for the 2024 full year:

Adjusted EBITDA of $915 million to $935 million (no change from prior outlook)

Gross VOI sales of $2.25 billion to $2.30 billion (vs. prior outlook of $2.25 billion to $2.35 billion)

VPG of $3,000 to $3,025 (vs. prior outlook of $2,950 to $3,050)

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

You May Also Be Interested In

• FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
• FedEx (FDX) Tops Q4 EPS by 39c, Beats on Revenue; Offers FY27 EPS Guidance
• Cerebras Q1 EPS miss sends shares down 9% after-hours