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Travel + Leisure Co. Reports First Quarter 2021 Results

April 28, 2021 6:30 AM EDT

ORLANDO, Fla.--(BUSINESS WIRE)-- Travel + Leisure Co. (NYSE: TNL), the worlds leading membership and leisure travel company, today reported first quarter 2021 financial results for the three months ended March 31, 2021. Highlights and outlook include:

Net income of $29 million and diluted earnings per share of $0.33 on net revenue of $628 million Adjusted EBITDA of $129 million and adjusted diluted earnings per share of $0.39 (1) Net cash provided by operating activities of $78 million and adjusted free cash flow of $20 million for the first three months of 2021 Fully paid... More