Travel+Leisure Q4 Adj EPS $1.98 Beats $1.38 Estimate, Sales $935.00M Miss $944.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Travel+Leisure reported its Q4 adjusted EPS at $1.98, surpassing the $1.38 estimate. However, its sales of $935.00M fell short of the expected $944.43M.
February 21, 2024 | 11:31 am
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Travel+Leisure's Q4 earnings exceeded expectations with an adjusted EPS of $1.98 against estimates of $1.38, but sales missed forecasts at $935M vs. $944.43M.
The positive earnings surprise, with EPS significantly above estimates, is likely to be viewed favorably by investors, potentially leading to a short-term uptick in TNL's stock price. However, the slight miss in sales forecasts could temper some of the positive momentum.
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