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 >
Correction: Dream Finders Homes Develops New Community in Florida; Shares Rise
Correction: Dream Finders Homes Develops New Community in Florida; Shares Rise
Mar 22, 2024
02:05 PM EDT, 03/22/2024 (MT Newswires) -- (Corrects the date of announcement and highlights stock movement in the headline and first paragraph.) Dream Finders Homes ( DFH ) shares were up more than 3% in recent Friday trading, after the company said Thursday it is developing a new residential project, Bungalow Walk at Waterside, in Lakewood Ranch, Florida. Sales are...
Terex Insider Sold Shares Worth $4,531,813, According to a Recent SEC Filing
Terex Insider Sold Shares Worth $4,531,813, According to a Recent SEC Filing
Mar 22, 2024
02:02 PM EDT, 03/22/2024 (MT Newswires) -- John L Garrison Jr, Former Director, Chairman and CEO, on March 20, 2024, sold 75,000 shares in Terex ( TEX ) for $4,531,813. Following the Form 4 filing with the SEC, Garrison has control over a total of 364,928 shares of the company, with 364,928 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/97216/000009721624000073/xslF345X03/wk-form4_1711130257.xml Price: 61.69,...
Leading Edge Materials Reports Q1 Results
Leading Edge Materials Reports Q1 Results
Mar 22, 2024
02:10 PM EDT, 03/22/2024 (MT Newswires) -- Leading Edge Materials ( LEMIF ) reports that for Q1 2024, the company recorded a comprehensive loss of $686,000 compared with a loss of $637,000 for the prior year period. The higher loss YoY was mainly due to research, development and general exploration expenses of $117,350 (2023: $32,797). Leading Edge had an accumulated...
Top Midday Gainers
Top Midday Gainers
Mar 22, 2024
02:06 PM EDT, 03/22/2024 (MT Newswires) -- Intellicheck ( IDN ) shares surged 68% after the company late Thursday reported a profit in Q4 amid rising revenue. More than 10 million shares traded intraday compared with a daily average of about 28,000. Shares of Aurora Cannabis (ACB), Canopy Growth ( CGC ) , and other cannabis companies rose after Germany...
Copyright 2023-2026 - www.financetom.com All Rights Reserved