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Sep 30, 2022
Travel + Leisure Q3 2022 Earnings Report
Travel + Leisure's Q3 2022 results were reported, demonstrating the strength of leisure travel and timeshare ownership.
Key Takeaways
Travel + Leisure Co. reported a net income of $116 million, or $1.38 diluted earnings per share, on net revenue of $937 million for the third quarter of 2022. The Vacation Ownership segment performed exceptionally well, driven by a 45% increase in VPG compared to 2019.
Net income reached $116 million, with $1.38 diluted earnings per share, on net revenue of $937 million.
Adjusted EBITDA was $234 million and adjusted diluted earnings per share was $1.28.
The company expects full-year adjusted EBITDA to be between $855 million and $865 million.
Travel + Leisure repurchased $115 million of common stock during the third quarter.
Revenue by Segment
Forward Guidance
The company provided guidance for the full year 2022.
Positive Outlook
- Adjusted EBITDA of $855 million to $865 million
- Gross VOI sales of $1.95 billion to $2.0 billion
- VPG of approximately $3,400
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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