NYSE$TNL
Travel + Leisure Co · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported solid third quarter results driven by strong volume per guest performance and disciplined cost management.
Travel + Leisure Co. reported a net income of $97 million, or $1.39 diluted earnings per share, on net revenue of $993 million for the third quarter of 2024. The company's VPG was above $3,000, driven by a 4% increase in tours year-over-year. The company returned $105 million to shareholders through dividends and share repurchases.
- Net income of $97 million, $1.39 diluted earnings per share from continuing operations, on net revenue of $993 million.
- Adjusted EBITDA of $242 million and adjusted diluted earnings per share of $1.57.
- Volume per guest (VPG) above $3,000 on a 4 percent increase in tours year-over-year, with new owner tours up 9 percent.
- Returned $105 million to shareholders through $35 million of dividends and $70 million of share repurchases.
Headline financials
Revenue & EPS history
Travel + Leisure · Revenue · Quarterly
$993M
Revenue by segment
Travel + Leisure · $986M total across 2 segments · Q3 2023
- Vacation Ownership$812M+7.7%82.4%
- Travel and Membership$174M-4.9%17.6%
Forward guidance
The Company is providing its fourth quarter 2024 guidance: •Adjusted EBITDA of $240 million to $260 million •Gross VOI sales of $550 million to $600 million •VPG of $2,900 to $3,000 •Travel and Membership Adjusted EBITDA of $45 million to $50 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-0.0%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+0.4%
Avg return
30 days after
46%
32 / 69 earnings
Positive
+20.3%
Q3 2018
Best reaction
-13.7%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.7% | -14.2% | -14.5% | |
| Q4 2025 | +3.5% | +2.2% | -5.9% | |
| Q3 2025 | +15.3% | +8.5% | +6.6% | |
| Q2 2025 | -1.4% | -1.8% | +0.4% | |
| Q1 2025 | +1.0% | +3.2% | +12.0% | |
| Q4 2024 | +0.7% | -2.7% | -17.9% | |
| Q3 2024 | +4.8% | +6.8% | +21.0% | |
| Q2 2024 | -8.3% | -6.4% | -10.9% | |
| Q1 2024 | -0.8% | -1.5% | -4.1% | |
| Q4 2023 | +10.6% | +8.1% | +14.6% | |
| Q3 2023 | -1.7% | +0.6% | +12.1% | |
| Q2 2023 | -3.8% | -1.3% | -3.6% | |
| Q1 2023 | -3.7% | -2.8% | -3.5% | |
| Q4 2022 | +3.7% | +3.4% | -11.9% | |
| Q3 2022 | -6.5% | -5.5% | -5.0% | |
| Q2 2022 | -5.2% | -5.9% | -4.2% | |
| Q1 2022 | +1.9% | +0.4% | -5.9% | |
| Q4 2021 | -4.9% | -4.3% | -0.2% | |
| Q3 2021 | +3.0% | +7.4% | -4.6% | |
| Q2 2021 | -5.6% | -9.3% | -1.4% | |
| Q1 2021 | -1.1% | -1.5% | -0.7% | |
| Q4 2020 | -0.1% | +2.3% | +7.9% | |
| Q3 2020 | -3.9% | -0.7% | +33.7% | |
| Q2 2020 | -9.2% | -7.0% | +6.7% | |
| Q1 2020 | -3.2% | +4.2% | +55.5% | |
| Q4 2019 | -6.5% | -4.9% | -42.0% | |
| Q3 2019 | +0.1% | +3.1% | +4.6% | |
| Q2 2019 | -0.4% | -10.3% | -6.7% | |
| Q1 2019 | +0.3% | +2.3% | -8.7% | |
| Q4 2018 | -0.8% | -4.6% | -14.1% | |
| Q3 2018 | +20.3% | +20.8% | +15.6% | |
| Q2 2018 | -3.0% | -4.7% | -9.5% | |
| Q1 2018 | -8.2% | -7.0% | -6.2% | |
| Q4 2017 | +4.0% | +2.7% | -1.4% | |
| Q3 2017 | -1.9% | -2.6% | +0.5% | |
| Q2 2017 | -0.7% | -2.1% | -2.7% | |
| Q1 2017 | +4.0% | +3.8% | +8.0% | |
| Q4 2016 | +4.9% | +3.7% | +3.0% | |
| Q3 2016 | -5.4% | -3.0% | +9.3% | |
| Q2 2016 | -7.5% | -9.7% | -8.2% | |
| Q1 2016 | -4.6% | — | — | |
| Q4 2015 | +4.9% | — | — | |
| Q3 2015 | +6.0% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | -4.4% | — | — | |
| Q4 2014 | +9.8% | — | — | |
| Q3 2014 | -2.5% | — | — | |
| Q2 2014 | +2.1% | — | — | |
| Q1 2014 | -0.6% | — | — | |
| Q4 2013 | -2.9% | — | — | |
| Q3 2013 | +2.6% | — | — | |
| Q2 2013 | +2.5% | — | — | |
| Q1 2013 | -2.8% | — | — | |
| Q4 2012 | +5.8% | — | — | |
| Q3 2012 | -3.3% | — | — | |
| Q2 2012 | +4.7% | — | — | |
| Q1 2012 | +1.2% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q3 2011 | +11.4% | — | — | |
| Q2 2011 | -6.5% | — | — | |
| Q1 2010 | +2.0% | — | — | |
| Q1 2011 | +0.6% | — | — | |
| Q4 2008 | -4.4% | — | — | |
| Q4 2010 | -4.4% | — | — | |
| Q3 2010 | -0.5% | — | — | |
| Q3 2009 | -0.5% | — | — | |
| Q4 2009 | +3.1% | — | — | |
| Q2 2009 | +3.1% | — | — | |
| Q2 2010 | +3.1% | — | — |
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