Travel + Leisure (TNL) Tops Q1 EPS by 4c; offers guidance
Travel + Leisure (NYSE: TNL) reported Q1 EPS of $0.81, $0.04 better than the analyst estimate of $0.77. Revenue for the quarter came in at $879 million versus the consensus estimate of $839.55 million.
The Company is updating guidance regarding expectations for the 2023 full year:
Adjusted EBITDA of $925 million to $945 million from $920 million to $940 million
Gross VOI sales of $2.1 billion to $2.2 billion
VPG of approximately $3,050 to $3,150
The Company is providing guidance regarding expectations for the second quarter 2023:
Adjusted EBITDA of $230 million to $240 million
Gross VOI sales of $550 million to $560 million
VPG of approximately $3,050 to $3,150
For earnings history and earnings-related data on Travel + Leisure (TNL) click here.
