Travel + Leisure Co. (TNL) reported a profit for its third quarter that Increases, from the same period last year
The company's bottom line totaled $111 million, or $1.67 per share. This compares with $97 million, or $1.39 per share, last year.
Excluding items, Travel + Leisure Co. reported adjusted earnings of $119 million or $1.80 per share for the period.
The company's revenue for the period rose 5.1% to $1.044 billion from $993 million last year.
Travel + Leisure Co. earnings at a glance (GAAP) :
-Earnings: $111 Mln. vs. $97 Mln. last year.-EPS: $1.67 vs. $1.39 last year.-Revenue: $1.044 Bln vs. $993 Mln last year.
The management will recommend a fourth quarter dividend of $0.56 per share for approval by the Board in November.
Looking ahead, for the full year, the company now expects adjusted EBITDA of $965 million to $985 million against its prior outlook of $955 million to $985 million.
TNL was up by 2.36% at $62.10 in the pre-market trade on the New York Stock Exchange.
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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.