Travel+Leisure Q2 Adj. EPS $1.33 Misses $1.34 Estimate, Sales $949.00M Miss $954.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Travel+Leisure (NYSE:TNL) reported Q2 earnings of $1.33 per share, missing the analyst consensus estimate of $1.34 by 0.75 percent. This is a 4.72 percent increase from last year. The company also reported quarterly sales of $949.00 million, missing the analyst consensus estimate of $954.26 million by 0.55 percent, a 2.93 percent increase from last year.
July 26, 2023 | 10:32 am
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NEGATIVE IMPACT
Travel+Leisure's Q2 earnings and sales missed analyst estimates. This could potentially impact the company's stock negatively in the short term.
Travel+Leisure's Q2 earnings and sales missed analyst estimates, which could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100