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BRIEF-Travel + Leisure Reports Second Quarter 2022 Results

BRIEF-Travel + Leisure Reports Second Quarter 2022 Results

Reuters · 07/28/2022 06:40
BRIEF-Travel + Leisure Reports Second Quarter 2022 Results

- Travel + Leisure Co TNL:

  • . REPORTS SECOND QUARTER 2022 RESULTS

  • Q2 ADJUSTED EARNINGS PER SHARE $1.27

  • Q2 EARNINGS PER SHARE $1.16

  • Q2 REVENUE $922 MILLION

  • EXPECTS FULL YEAR ADJUSTED EBITDA FROM $860 MILLION TO $880 MILLION AND Q3 ADJUSTED EBITDA FROM $230 MILLION TO $240 MILLION

  • MANAGEMENT WILL RECOMMEND A Q3 DIVIDEND OF $0.40 PER SHARE FOR APPROVAL BY BOARD OF DIRECTORS

  • BOOKINGS AT OUR VACATION RESORTS IN SECOND HALF OF YEAR REMAIN ABOVE 2019

  • SEES GROSS VOI SALES OF $1.9 BILLION TO $2.0 BILLION FOR FY

  • SEES GROSS VOI SALES OF $530 MILLION TO $550 MILLION FOR Q3

  • QTRLY NET REVENUES $922 MILLION VERSUS $797 MILLION

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((Reuters.Briefs@thomsonreuters.com;))