financetom
Business
financetom
/
Business
/
Travel + Leisure Q2 Adjusted Earnings, Net Revenue Rise; Offers Q3, Full Year Adjusted EBITDA Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Travel + Leisure Q2 Adjusted Earnings, Net Revenue Rise; Offers Q3, Full Year Adjusted EBITDA Guidance
Jul 24, 2024 4:34 AM

07:02 AM EDT, 07/24/2024 (MT Newswires) -- Travel + Leisure ( TNL ) reported Q2 adjusted earnings Wednesday of $1.52 per diluted share, up from $1.33 a year earlier.

Analysts polled by Capital IQ expected $1.41.

Net revenue for the quarter ended on June 30 was $985 million, up from $949 million a year earlier.

Analysts surveyed by Capital IQ expected $987.2 million.

The company expects Q3 adjusted EBITDA of $235 million to $245 million. Analysts polled by Capital IQ expect $238.7 million. The company updated its full-year adjusted EBITDA to a new range of $915 million to $935 million versus the prior outlook of $910 million to $930 million. Analysts polled by Capital IQ expect $921.6 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Eight Licenses Revoked by US in 2024 to Date for Firms Shipping Goods to Huawei, Reuters Reports
Market Chatter: Eight Licenses Revoked by US in 2024 to Date for Firms Shipping Goods to Huawei, Reuters Reports
Jul 2, 2024
09:01 AM EDT, 07/02/2024 (MT Newswires) -- The Biden administration has revoked eight licenses this year that allowed companies to ship goods to Huawei, China's telecoms equipment giant, Reuters reported Tuesday, citing a document it has seen. The Commerce Department did not specify the names of suppliers, but licenses for Qualcomm ( QCOM ) and Intel ( INTC ) were...
Tesla says second-quarter deliveries fall 5%
Tesla says second-quarter deliveries fall 5%
Jul 2, 2024
July 2 (Reuters) - Tesla said on Tuesday that its second-quarter vehicle deliveries fell about 5% from a year earlier as price cuts and incentives failed to lift demand for its aging models and Chinese rivals gained ground. The EV maker handed over 443,956 vehicles in the three months to June 30, 4.8% lower than a year earlier and up...
Turkish Airlines orders four more Boeing 777 Freighters
Turkish Airlines orders four more Boeing 777 Freighters
Jul 2, 2024
July 2 (Reuters) - Turkish Airlines said on Tuesday it had ordered four more Boeing 777 Freighters. With this new order, Turkish Airlines will operate 12 of the 777 Freighters. ...
Rivian Automotive Reports Q2 Production, Deliveries
Rivian Automotive Reports Q2 Production, Deliveries
Jul 2, 2024
09:02 AM EDT, 07/02/2024 (MT Newswires) -- Rivian Automotive ( RIVN ) said Tuesday it manufactured 9,612 vehicles in Q2 at its production site in Normal, Illinois. The company delivered 13,790 vehicles for the quarter ended June 30, Rivian added. The EV manufacturer said it continues to expect full-year 2024 annual production of 57,000 vehicles. Rivian said it will report...
Copyright 2023-2025 - www.financetom.com All Rights Reserved