Travelzoo Q1 EPS $0.31 Beats $0.30 Estimate, Sales $21.98M Miss $23.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Travelzoo reported Q1 earnings of $0.31 per share, surpassing the $0.30 estimate, marking a 34.78% increase from last year. However, their Q1 sales of $21.98M fell short of the $23.70M estimate, a 7.24% miss, though it's a 1.78% increase from the previous year.
April 24, 2024 | 11:04 am
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Travelzoo's Q1 earnings surpassed estimates with a 34.78% YOY increase, but sales missed expectations, showing a 7.24% shortfall.
The mixed results from Travelzoo, with earnings exceeding expectations but sales missing estimates, could lead to uncertain short-term stock price movements. The positive earnings surprise may support investor confidence, while the sales miss could raise concerns about growth prospects, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100