earnings
confidence high
sentiment positive
materiality 0.75
Travel + Leisure Q2 adj. EPS $1.65, rev $1.02B; raises VPG guidance
Travel & Leisure Co.
2025-Q2 EPS
reported $2.68
vs consensus $1.66
▲ beat
(+61.8%)
- Q2 net income $108M ($1.62 GAAP EPS); adj. diluted EPS $1.65; revenue $1.02B.
- Vacation Ownership revenue $853M (+6% YoY); VPG $3,251 (+7%); tours +3%.
- Travel & Membership revenue $166M (-6% YoY); adj. EBITDA $55M (-11%).
- Refinanced $1B revolver to June 2030 at 25bps lower pricing; closed $300M securitization at 5.10%.
- FY2025 adj. EBITDA guidance reaffirmed $955-985M; VPG guidance raised to $3,200-3,250.