Travel + Leisure is set to report earnings this Wednesday before the bell, with analysts expecting revenue to grow 2.7% year on year, in line with the 3.4% increase recorded in the same quarter last year. The company met revenue expectations last quarter, reporting $961 million, up 2.9% year on year, and beat EPS estimates. Analysts have generally reconfirmed their estimates over the last 30 days, though Travel + Leisure has missed Wall Street revenue estimates multiple times over the last two years. Peers Delta and Carnival have already reported Q2 results, with Delta beating expectations with 18.7% revenue growth and Carnival posting 5.3% growth in line with consensus. Travel + Leisure shares are down 2.9% over the last month, heading into earnings with an average analyst price target of $87.58 compared to the current share price of $72.52.
Travel + Leisure CoCompany is the subject of the article; upcoming earnings report with expected 2.7% revenue growth, but no actual results yet, so impact is ambiguous.
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