Travel + Leisure Co. (TNL) released a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings totaled $119 million, or $1.72 per share. This compares with $129 million, or $1.77 per share, last year.
Excluding items, Travel + Leisure Co. reported adjusted earnings of $119 million or $1.72 per share for the period.
Analysts on average had expected the company to earn $1.69 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.9% to $971 million from $935 million last year.
Travel + Leisure Co. earnings at a glance (GAAP) :
-Earnings: $119 Mln. vs. $129 Mln. last year.-EPS: $1.72 vs. $1.77 last year.-Revenue: $971 Mln vs. $935 Mln last year.
Travel + Leisure said that it will recommend an increased first-quarter dividend of $0.56 per share for approval by the company's Board in March.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.