Travel+Leisure's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Travel+Leisure (NYSE:TNL) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $1.38. The company's past performance shows a trend of beating EPS estimates, which has led to positive stock price movements. Shares of TNL were trading at $41.3 as of February 15, reflecting a 0.66% increase over the last 52 weeks. Investors are optimistic about the upcoming earnings report, particularly interested in the company's guidance for future growth.
February 20, 2024 | 2:02 pm
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POSITIVE IMPACT
Travel+Leisure is expected to report an EPS of $1.38 for the upcoming quarter, with historical data showing positive stock movements post-earnings announcements. The stock has seen a 0.66% increase over the last year, indicating a bullish sentiment among long-term shareholders.
Given Travel+Leisure's history of beating EPS estimates and the subsequent positive stock price movements, it's likely that a similar outcome could occur if the company beats the EPS estimate again and provides positive future guidance. The stock's performance over the last year and the anticipation of future growth further support a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100