Travel + Leisure Forecasts 2024 Adjusted EBITDA Of $915M-$935M Versus Prior Outlook Of $910M-$930M, With Q3 Adjusted Expected To Be $235M-$245M
Portfolio Pulse from Benzinga Newsdesk
Travel + Leisure has updated its 2024 adjusted EBITDA forecast to $915M-$935M, up from the previous outlook of $910M-$930M. The company also expects Q3 adjusted EBITDA to be $235M-$245M.
July 24, 2024 | 10:50 am
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Travel + Leisure has raised its 2024 adjusted EBITDA forecast to $915M-$935M, up from the previous outlook of $910M-$930M. The company also expects Q3 adjusted EBITDA to be $235M-$245M.
The upward revision in the EBITDA forecast indicates stronger-than-expected financial performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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