Travel + Leisure (TNL) Misses Q1 EPS by 3c

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Travel + Leisure Co. Reports First Quarter 2022 Results and Provides Full Year 2022 Guidance

April 28, 2022 6:30 AM EDT

ORLANDO, Fla.--(BUSINESS WIRE)-- Travel + Leisure Co. (NYSE: TNL), the worlds leading membership and leisure travel company, today reported first quarter 2022 financial results for the three months ended March 31, 2022. Highlights and outlook include:

Net income of $51 million ($0.59 diluted earnings per share) on net revenue of $809 million Adjusted EBITDA of $170 million and adjusted diluted earnings per share of $0.69 (1) Net cash provided by operating activities of $141 million and adjusted free cash flow of $146 million for the first three months of... More