Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Travel + Leisure Co. (TNL) driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected on July 23, with a consensus EPS estimate of $1.67, reflecting a +9.9% year-over-year change, and revenues projected at $1.01 billion, up 2.6% from the previous year [3][2]. - The consensus EPS estimate has been revised 1.12% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Travel Leisure Co. is lower than the consensus estimate, resulting in an Earnings ESP of -3.21%, suggesting a bearish outlook from analysts [12]. - The stock currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Travel Leisure Co. exceeded the expected EPS of $1.1 by delivering $1.11, resulting in a +0.91% surprise [13]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [14]. Conclusion - While the company may not be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [17].
Travel + Leisure Co. (TNL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release