Travel + Leisure (NYSE: TNL) reported Q1 EPS of $0.97, $0.12 better than the analyst estimate of $0.85. Revenue for the quarter came in at $916 million versus the consensus estimate of $905.85 million.

Outlook

The Company is reaffirming guidance regarding expectations for the 2024 full year:

Adjusted EBITDA of $910 million to $930 million
Gross VOI sales of $2.25 billion to $2.35 billion
VPG of $2,900 to $3,000

The Company is providing guidance regarding expectations for the second quarter 2024:

Adjusted EBITDA of $235 million to $245 million
Gross VOI sales of $580 million to $610 million
VPG of $2,900 to $3,000
Travel and Membership Adjusted EBITDA of $60 million to $65 million

For earnings history and earnings-related data on Travel + Leisure (TNL) click here.