Travel + Leisure Co. Q2 Profit Increases, beats estimates

(RTTNews) – Vacation + Leisure Co. (TNL) exposed a revenue for its 2nd quarter that increased from last calendar year and defeat the Street estimates.

The firm’s earnings came in at $100M, or $1.16 for each share. This compares with $72 million, or $.82 for every share, in last year’s 2nd quarter.

Excluding goods, Vacation + Leisure Co. reported altered earnings of $109M or $1.27 for every share for the interval.

Analysts on common experienced expected the organization to get paid $1.19 for each share, according to figures compiled by Thomson Reuters. Analysts’ estimates normally exclude distinctive things.

The firm’s earnings for the quarter rose 15.7% to $922M from $797 million last year.

Vacation + Leisure Co. earnings at a glance (GAAP) :

-Earnings (Q2): $100M. vs. $72 Mln. final calendar year.
-EPS (Q2): $1.16 vs. $.82 very last 12 months.
-Analyst Estimate: $1.19
-Profits (Q2): $922M vs. $797 Mln previous year.

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