Travel+Leisure TNL will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Travel+Leisure to report an earnings per share (EPS) of $1.49.
The market awaits Travel+Leisure's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Historical Earnings Performance
Last quarter the company beat EPS by $0.12, which was followed by a 1.64% increase in the share price the next day.
Here's a look at Travel+Leisure's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.40 | 0.86 | 1.38 | 1.47 |
| EPS Actual | 1.52 | 0.97 | 1.98 | 1.54 |
| Price Change % | 2.0% | -1.0% | 5.0% | 0.0% |
Performance of Travel+Leisure Shares
Shares of Travel+Leisure were trading at $45.47 as of October 21. Over the last 52-week period, shares are up 38.99%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Travel+Leisure visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
