Travel + Leisure Beats Q3 Estimates With $2.21 Adjusted EPS, Guides FY EBITDA to $1.07B-$1.085B
TNL is trading near its 52-week low of $60.34 (7.6% above the low).
Summary
Travel + Leisure delivered Q3 adjusted EPS of $2.21, topping the IBES estimate of $2.05 by about 8%, and reported Q3 EPS of $1.73 on revenue of $1.1B. Net income came in at $108 million. The company guided full-year adjusted EBITDA to $1,070-1,085 million, giving traders a concrete range to anchor the rest of the year, and now sees 2026 adjusted EBITDA of $1.070B-$1.085B. This is the first hard read on Q3 after Q2 revenue of $1.06 billion beat estimates and management raised its full-year EBITDA outlook in July, so the beat extends that momentum rather than reversing it. The print lands against a backdrop of steady insider selling over the summer and a $975K SEC penalty settled in late September, neither of which appears to have dented operating results.
At the time of this announcement, TNL was trading at $64.93 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4B. The 52-week trading range was $60.34 to $81.00. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.