Travel + Leisure (NYSE:TNL) Posts Earnings Results, Hits Expectations

Travel + Leisure (NYSE:TNL – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $1.83 EPS for the quarter, hitting the consensus estimate of $1.83. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1 billion. Travel + Leisure had a net margin of 10.36% and a negative return on equity of 49.06%. Travel + Leisure’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period last year, the business posted $1.72 earnings per share.Read More