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 >
INSIGHT-Leasing model behind Europe's EV drive at risk of breakdown
INSIGHT-Leasing model behind Europe's EV drive at risk of breakdown
Aug 12, 2024
LONDON, Aug 13 (Reuters) - Low resale values for electric cars have pushed the leasing firms that drive Europe's auto market to double prices over the last three years and some are threatening to quit the business altogether if regulators force them to go electric too fast, industry executives say. The jump in prices for electric car leases comes as...
Ukraine keeps up air attacks on Kursk as Putin lashes out at West
Ukraine keeps up air attacks on Kursk as Putin lashes out at West
Aug 12, 2024
Aug 13 (Reuters) - Ukraine launched fresh drone attacks on Russia's border region of Kursk on Tuesday, a day after President Vladimir Putin lashed out at the West for supporting Kyiv's surprise incursion into Russian territory. Russia's defence ministry said its air defence units destroyed 12 drones over the Kursk region, which Ukraine attacked a week ago and claims to...
Australia's Challenger climbs to 1-1/2-year high on bright outlook, annual earnings beat
Australia's Challenger climbs to 1-1/2-year high on bright outlook, annual earnings beat
Aug 12, 2024
By Rajasik Mukherjee (Reuters) - Shares of Challenger Ltd ( CFIGF ) rose to their highest levels in nearly 16 months on Tuesday after the Australian investment management firm beat estimates on annual earnings, while investors also cheered its fiscal 2025 earnings outlook. The stock gained as much as 10% to hit its highest level since Feb. 20, 2023. Shares...
Leasing model behind Europe's EV drive at risk of breakdown
Leasing model behind Europe's EV drive at risk of breakdown
Aug 12, 2024
LONDON (Reuters) - Low resale values for electric cars have pushed the leasing firms that drive Europe's auto market to double prices over the last three years and some are threatening to quit the business altogether if regulators force them to go electric too fast, industry executives say. The jump in prices for electric car leases comes as cuts in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved