Travel + Leisure (NYSE:TNL) Issues Earnings Results

Travel + Leisure (NYSE:TNL – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $1.80 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.08. The firm had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Travel + Leisure had a net margin of 10.14% and a negative return on equity of 47.47%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.57 EPS.

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