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Stock impact report

Travel + Leisure Co. Reports Third 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 vacation ownership and membership travel company, today reported third quarter 2024 financial results for the three months ended September 30, 2024. Highlights and outlook include:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241023001462/en/Net income of $97 million, $1.39 diluted earnings per share from continuing operations, on net revenue of $993 millionAdjusted EBITDA of $242 million and adjusted diluted earnings per share of $1.57 (1)Volume per guest (VPG) above $3,000 on a 4 percent increase in tours year-over-year, with new owner tours up 9 percentExpects fourth quarter adjusted EBITDA of $240 million to $260 million and reaffirms full-year adjusted EBITDA guidanceReturned $105 million to shareholders through $35 million of dividends and $70 million of share repurchases“Our results this quarter show that we are executing well a Show less Read more
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