Travel + Leisure (NYSE:TNL – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.13, Briefing.com reports. The company had revenue of $985.00 million for the quarter, compared to analysts’ expectations of $987.20 million. Travel + Leisure had a negative return on equity of 45.86% and a net margin of 11.35%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.33 earnings per share.
Travel + Leisure Price Performance
Travel + Leisure stock traded up $0.71 during trading hours on Friday, hitting $45.97. The company had a trading volume of 170,874 shares, compared to its average volume of 565,603. The firm has a market capitalization of $3.28 billion, a P/E ratio of 8.34, a price-to-earnings-growth ratio of 2.49 and a beta of 1.63. The firm’s fifty day moving average is $44.87 and its 200-day moving average is $44.19. Travel + Leisure has a fifty-two week low of $32.10 and a fifty-two week high of $49.91.
Travel + Leisure Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend was Friday, June 14th. Travel + Leisure’s payout ratio is presently 36.83%.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on TNL
Travel + Leisure Company Profile
Travel + Leisure Co, together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers, as well as provides consumer financing in connection with the sale of VOIs; and property management services at resorts.
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