Travel + Leisure Q2 2022 Earnings Report
Key Takeaways
Travel + Leisure Co. reported a net income of $100 million and diluted earnings per share of $1.16 on net revenue of $922 million. The company's performance was driven by robust vacation ownership sales to new and existing owners, with record-setting sales volume per guest.
Net income reached $100 million, with $1.16 diluted earnings per share, on net revenue of $922 million.
Adjusted EBITDA was $230 million and adjusted diluted earnings per share was $1.27.
The company repurchased $83 million of common stock in the second quarter.
Record Volume per Guest (VPG) was achieved for the second consecutive quarter.
Travel + Leisure
Travel + Leisure
Travel + Leisure Revenue by Segment
Forward Guidance
The Company is providing guidance regarding expectations for the 2022 full year: Adjusted EBITDA of $860 million to $880 million and Gross VOI sales of $1.9 billion to $2.0 billion. The Company is providing guidance regarding expectations for the third quarter 2022: Adjusted EBITDA of $230 million to $240 million and Gross VOI sales of $530 million to $550 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income