- Travel+Leisure press release (NYSE:TNL): Q1 Non-GAAP EPS of $0.97 beats by $0.11.
- Revenue of $916M (+4.2% Y/Y) beats by $11.48M.
- Adjusted EBITDA of $191 million.
- Outlook: The company is providing guidance regarding expectations for the second quarter 2024:
- Adjusted EBITDA of $235 million to $245 million
- Gross VOI sales of $580 million to $610 million
- VPG of $2,900 to $3,000
- Travel and Membership Adjusted EBITDA of $60 million to $65 million
- Reaffirms expectations for full year adjusted EBITDA of $910 million to $930 million.
- Gross VOI sales of $2.25 billion to $2.35 billion
- VPG of $2,900 to $3,000
