TNL Q3 revenue $986M, adj EPS $1.54, guides FY adj EBITDA $900-915M, acquires SI Resorts rights

Travel & Leisure Co.

2023-Q3 EPS reported $3.53 revenue$2,814,000,000

Net income $110M ($1.49 diluted EPS from cont ops); adjusted diluted EPS $1.54.
Vacation Ownership revenue +8% YoY to $812M; adj EBITDA $203M; Gross VOI sales $598M.
Travel & Membership revenue -5% YoY to $174M; adj EBITDA $62M on lower transactions.
Full-year adj EBITDA guidance narrowed to $900-915M; Q4 adj EBITDA guided $233-248M.
Acquired rights to Sports Hospitality Ventures vacation ownership for Sports Illustrated Resorts network; first in Tuscaloosa.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Travel & Leisure Co. reported three months ended September 30, 2023 results: revenue $986 million, net income $110 million, EPS $1.49 diluted earnings per share from continuing operations.

Period: three months ended September 30, 2023
Revenue: $986 million
Net income: $110 million
EPS: $1.49 diluted earnings per share from continuing operations
Result: reported results

Exact text from the filing

today reported third quarter 2023 financial results for the three months ended September 30, 2023. Highlights and outlook include: • Net income of $110 million, $1.49 diluted earnings per share from continuing operations, on net revenue of $986 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Travel & Leisure Co. updated its 2023 full year guidance (reaffirmed).

Period: 2023 full year
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

The Company is providing guidance regarding expectations for the 2023 full year: • Adjusted EBITDA of $900 million to $915 million • Gross VOI sales of $2.15 billion to $2.2 billion • VPG of approximately $3,100 to $3,150

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Travel & Leisure Co. filing history →

Source: SEC EDGAR

accession 0001361658-23-000237

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.