Day: April 28, 2021

Travel Leisure Co. (TNL) Beats Q1 Earnings and Revenue Estimates

Travel Leisure Co. (TNL) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to loss of $0.98 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 129.41%. A quarter ago, it was expected that this company would post earnings of $0.49 per share when it actually produced earnings of $0.32, delivering a surprise of -34.69%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Travel Leisure Co.Which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $628 million for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 8.54%. This compares to year-ago revenues of $558 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price

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