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: Occidental Petroleum Issues $5 Billion in Bonds to Finance CrownRock Purchase
Market Chatter: Occidental Petroleum Issues $5 Billion in Bonds to Finance CrownRock Purchase
Jul 23, 2024
03:01 PM EDT, 07/23/2024 (MT Newswires) -- Occidental Petroleum ( OXY ) is selling investment-grade bonds for $5 billion to finance the acquisition of CrownRock and the bonds will be sold in five parts, Bloomberg reported Tuesday, citing a person with knowledge of the matter. The longest offering extends over 30 years with a yield of 160 basis points above...
Apple Cherry Picks Quotes to Justify Motion for Discovery in Patent Case, Omni Bridgeway Tells Court
Apple Cherry Picks Quotes to Justify Motion for Discovery in Patent Case, Omni Bridgeway Tells Court
Jul 23, 2024
02:54 PM EDT, 07/23/2024 (MT Newswires) -- Apple ( AAPL ) is cherry picking quotes from other court cases to justify its bid to have Omni Bridgeway turn over documents related to its financing of a patent case, Omni said in a court filing. Even so, Apple's ( AAPL ) bid is futile, Omni Bridgeway, a litigation financier, said in...
Bancfirst Insider Sold Shares Worth $263,330, According to a Recent SEC Filing
Bancfirst Insider Sold Shares Worth $263,330, According to a Recent SEC Filing
Jul 23, 2024
02:51 PM EDT, 07/23/2024 (MT Newswires) -- Dennis Jay Hannah, Executive Vice President, on July 23, 2024, sold 2,500 shares in Bancfirst ( BANF ) for $263,330. Following the Form 4 filing with the SEC, Hannah has control over a total of 13,608 shares of the company, with 3,778 shares held directly and 9,830 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/760498/000159396824001004/xslF345X03/primary_01.xml Price:...
What's Going On With Cleveland-Cliffs Shares Today?
What's Going On With Cleveland-Cliffs Shares Today?
Jul 23, 2024
Cleveland-Cliffs Inc. ( CLF ) shares are trading higher today after the company reported financial results for the second quarter yesterday. The company reported revenue of $5.09 billion, missing the consensus estimate of $5.20 billion, according to Benzinga Pro. The company reported breakeven adjusted earnings, beating analyst estimates for a loss of 2 cents per share. Cleveland-Cliffs ( CLF ) lowered its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved