If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Travel Leisure Co. (TNL) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Travel Leisure Co. (TNL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TNL is benefiting from positive operational trends, including robust VPG levels, improving credit quality and growing engagement from younger generations.
Travel + Leisure Co. (NYSE:TNL ) Q3 2024 Earnings Conference Call October 23, 2024 8:00 AM ET Company Participants Jill Greer - Vice President of Investor Relations Michael Brown - President & Chief Executive Officer Mike Hug - Chief Financial Officer Conference Call Participants Ian Zaffino - Oppenheimer Joe Greff - JPMorgan Chris Woronka - Deutsche Bank David Katz - Jefferies Ben Chaiken - Mizuho Securities Brandt Montour - Barclays Patrick Scholes - Truist Securities Operator Greetings and welcome to the Travel + Leisure Third Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Although the revenue and EPS for Travel Leisure Co. (TNL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Travel + Leisure Co. (TNL) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.54 per share a year ago.
Travel Leisure Co. (TNL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Although the revenue and EPS for Travel Leisure Co. (TNL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Travel + Leisure Co. (TNL) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.33 per share a year ago.
Travel + Leisure's (TNL) Q2 results are likely to reflect gains from increased tours. Lower operating costs in Travel and Membership are also expected to have aided.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.