Travel + Leisure Co. Reports First Quarter 2024 Results
Travel Leisure Co. Common Stock (TNL)
Company Research
Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported first quarter 2024 financial results for the three months ended March 31, 2024. Highlights and outlook include:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240424345984/en/Net income of $66 million, $0.92 diluted earnings per share, on net revenue of $916 millionAdjusted EBITDA of $191 million and adjusted diluted earnings per share of $0.97(1)Expects second quarter adjusted EBITDA of $235 million to $245 millionReaffirms expectations for full year adjusted EBITDA of $910 million to $930 millionManagement will recommend a second quarter dividend of $0.50 per share for approval by the Board of Directors“We are off to a solid start for the year with a 15 percent increase in tours, 28 percent growth in new owner tours and volume per guest above $3,000,” said Michael D. Brown, presiden
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- 4/5/24 - Form DEFA14A
- TNL's page on the SEC website