Travel Leisure CoNYSE: TNL

Travel + Leisure Co. (NYSE:TNL ) Q3 2024 Earnings Conference Call October 23, 2024 8:00 AM ET Company Participants Jill Greer - Vice President of Investor Relations Michael Brown - President & Chief Executive Officer Mike Hug - Chief Financial Officer Conference Call Participants Ian Zaffino - Oppenheimer Joe Greff - JPMorgan Chris Woronka - Deutsche Bank David Katz - Jefferies Ben Chaiken - Mizuho Securities Brandt Montour - Barclays Patrick Scholes - Truist Securities Operator Greetings and welcome to the Travel + Leisure Third Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

Although the revenue and EPS for Travel Leisure Co. (TNL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

ORLANDO, Fla.--(BUSINESS WIRE)---- $TNL--Travel + Leisure Co. today reported third quarter 2024 financial results for the three months ended September 30, 2024.

ORLANDO, Fla.--(BUSINESS WIRE)---- $TNL--Travel + Leisure Co. (NYSE:TNL) announced today it completed a term securitization transaction involving the issuance of $325 million in principal amount of asset-backed notes with an overall weighted average coupon of 5.18%. The advance rate for this transaction was 98.00%. “We are very pleased with the successful completion of our third term securitization of 2024, with both our advance rate and overall coupon improving to the best levels we have achieved in ov.

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Charitable Foundation, established by Travel + Leisure Co. (NYSE:TNL), the world's leading membership and leisure travel company, expanded its commitment to the Town of Eatonville, Florida, by funding the new Hawk Haven Preschool – a free preschool program provided through Orange County Public Schools and operated out of Hungerford Elementary School (home of the Hawks). The addition of this preschool program complements the Foundation's existing.

Travel + Leisure Co. (TNL) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.33 per share a year ago.

Travel + Leisure's (TNL) Q2 results are likely to reflect gains from increased tours. Lower operating costs in Travel and Membership are also expected to have aided.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The Holy City gears up for a star-studded weekend celebrating the best in culinary and beverage this September with tickets on sale now Tyler Florence, Al Roker, Maneet Chauhan, Brooke Williamson, CJ McCollum, Stephanie Izard, Rodney Scott, Sean Brock, Tamron Hall and Andrew Zimmern Among Headliners CHARLESTON, S.C. , July 16, 2024 /PRNewswire/ -- Food & Wine, Southern Living, and Travel + Leisure announce the talent, programming and events lineup for the inaugural FOOD & WINE Classic in Charleston , set for September 27-29, 2024.