earnings
confidence high
sentiment positive
materiality 0.75
Travel + Leisure Q3 net income $111M; raises FY adjusted EBITDA midpoint to $975M
Travel & Leisure Co.
2025-Q3 EPS
reported $4.35
vs consensus $1.76
▲ beat
(+147.8%)
- Net income $111M ($1.67 diluted EPS) on $1.04B revenue; adjusted EPS $1.80, adjusted EBITDA $266M.
- Vacation Ownership revenue $876M (+6% YoY); VPG $3,304 (+10%), 18th straight quarter >$3,000.
- FY2025 adjusted EBITDA guidance raised to $965M-$985M (midpoint $975M) from $955M-$985M.
- Returned $106M to shareholders: $36M dividends ($0.56/sh) and $70M share repurchases (1.2M shares).
- Issued $500M secured notes at 6.125% to refinance $350M notes; closed $300M timeshare securitization.