TNL

Netflix NFLX stock fell more than 8% in after-hours trading on Thursday as the company missed second-quarter 2026 revenue expectations and issued lower guidance for 2026. Investor skepticism remains high amid competitive pressures and a failed Warner Bros. Discovery acquisition bid.The company reported second-quarter 2026 earnings per share of 80 cents, which increased 11.1% from 72 cents reported in the year-ago quarter. The figure beat the Zacks Consensus Estimate by 1.27%.Quarterly revenues increased 13.4% year over year (12% on an F/X-neutral basis) to $12.56 billion, in line with the company's forecast. The figure missed the consensus mark by 0.1%. Management attributed the revenue growth primarily to membership growth, pricing and increased advertising revenues, with double-digit revenue growth delivered across all regions. Netflix continues to withhold quarterly membership numbers.Revenue growth was strongest in Latin America (up 21% year over year, or 16% F/X-neutral) and Asia-Pacific (up 16%, or 18% F/X-neutral), followed by EMEA (up 14%, or 11% F/X-neutral) and the United States and Canada (up 10%). Management noted that UCAN growth reflected only a partial-quarter impact from its recent price change, which it said "has gone well and as expected."The company reiterated that its first-half price changes across markets, including the United States, Mexico and Spain, performed consistently with prior increases and internal expectations. Advertising revenues remained on track to reach roughly $3 billion in 2026, about double the 2025 level. Netflix, Inc. price-consensus-eps-surprise-chart | Netflix, Inc. Quote Operating income rose 11% year over year to $4.19 billion. Operating margin came in at 33.4%, down from 34.1% in the year-earlier quarter, though slightly ahead of the company's own forecast due to the timing of expenses. The operating income grew slower than revenues because content amortization growth is front-loaded in the first half of the year; amortization is expected to decelerate in the back half and rise about 10% for full-year 2026.Net income for the quarter was $3.4 billion, up from $3.13 billion a year ago. The letter noted that free cash flow and cash tax payments in the quarter were affected in part by the terminated Warner Bros. transaction, for which Netflix had recognized a $2.8 billion termination fee in the first quarter. Net c...

Most lodging companies are poised to report second-quarter results above Wall Street's projections,

NEW YORK, July 15, 2026 /PRNewswire/ -- On Tuesday, August 4th, 2026, at 8:30 a.m. EST, People Incorporated (NASDAQ: PPLI) will host a conference call to answer questions regarding the company's second quarter results. Barry Diller, Chairman and Senior Executive of People Incorporated, Christopher Halpin, Executive Vice President, COO and CFO of People Incorporated, Neil Vogel, CEO of People Inc. and Tim Quinn, CFO of People Inc. will participate. The live audiocast and replay will be open to the public through the investor relations section of the People Incorporated site at https://ir.people-incorporated.com/quarterly-results. About People IncorporatedPeople Incorporated (Nasdaq: PPLI) is the owner of People Inc., the largest digital and print publisher in America and home to more than 40 celebrated brands including PEOPLE, Food & Wine, Travel + Leisure, InStyle, Better Homes & Gardens, and Southern Living, attracting more than 175 million consumers each month. The company also holds a significant minority stake in MGM Resorts International, reflecting our belief in the power and potential of businesses built around enduring consumer brands and iconic, real-world experiences. People Incorporated represents the latest evolution in a long tradition of entrepreneurial ownership, disciplined capital allocation, and opportunistic value creation. Over three decades, the company has built, operated, invested in, and spun off many of the internet and media industry's defining businesses, and that same spirit of opportunism drives us today. People Incorporated is headquartered in New York City. Visit ir.people-incorporated.com. View original content:https://www.prnewswire.com/news-releases/people-incorporated-to-host-q2-2026-earnings-conference-call-on-august-4th-302826726.html

Travel + Leisure Co. (TNL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $1.92 per share in its upcoming report, which represents a year-over-year change of +16.4%. Revenues are expected to be $1.05 billion, up 3.1% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP r...

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. After a 110.4% total return over the last three years, Travel + Leisure stock is coming under closer scrutiny, as both the Discounted Cash Flow (DCF) intrinsic value estimate and the earnings based multiples currently point in the same direction: the shares screen as undervalued despite the strong run. Travel + Leisure has returned 110.4% over three years, which puts more focus on whether the current price still leaves a margin between market value and underlying cash flow expectations. Recent analyst upgrades citing healthy U.S. travel demand can support confidence in the fee based model, while any change in that demand or timeshare sentiment may weigh on how sustainable current cash flow expectations look. Travel + Leisure scores highly on the broader valuation checks, with 5 out of 6 signals suggesting the stock leans cheap on both intrinsic value and market multiple measures. The stock's next move may depend on whether that apparent discount, including the DCF estimate that implies the shares trade around 47.8% below intrinsic value, offers enough compensation for the risks around future travel demand and cash flow durability. Travel + Leisure delivered 40.8% returns over the last year. See how this stacks up to the rest of the Hospitality industry. The Discounted Cash Flow (DCF) model estimates what Travel + Leisure is worth today based on the cash it is expected to generate in the future. For Travel + Leisure, the model starts with latest twelve month free cash flow of about $460.6 million and assumes that cash flows continue growing from these levels rather than contracting. On those projections, the DCF output points to an intrinsic value of about $147 per share, compared with the current market price. This implies the stock trades at roughly a 47.8% discount to that estimate. Goldman Sachs’ recent upgrade, which highlights the company’s recurring fee income and healthy U.S. travel demand, helps explain why some analysts see support for those cash flow assumptions even though the share price still sits well below the modelled value. On this DCF view, Travel + Leisure stock screens as undervalued relative to the cash flows currently built into the model. Our Discounted Cash Flow (DCF) analysis suggests Travel + Leisure is undervalued...

ORLANDO, Fla., July 01, 2026--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today it will release second quarter 2026 financial results on Wednesday, July 22, 2026, before the market opens, followed by a conference call at 8:30 a.m. EDT. Michael D. Brown, President and CEO, and Erik Hoag, CFO, will discuss the Company's financial performance and business outlook. Participants may listen to a simultaneous webcast of the conference call, which may be accessed through the Company's website at travelandleisureco.com/investors, or by dialing 877-733-4794 ten minutes before the scheduled start time. For those unable to listen to the live broadcast, an archive of the webcast will be available on the Company's website for 90 days beginning at 12:00 p.m. EDT on July 22, 2026. About Travel + Leisure Co. Travel + Leisure Co. (NYSE: TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The Company operates a diverse portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they’re traversing the globe or enjoying destinations closer to home. This includes experiential brands such as Sports Illustrated Resorts, Eddie Bauer Adventure Club, Margaritaville Vacation Club, and Accor Vacation Club, as well as cornerstone brands Club Wyndham, WorldMark, and RCI. With hospitality and responsible tourism at its heart, the Company’s more than 19,000 dedicated associates worldwide help fulfill its mission to put the world on vacation. Learn more at travelandleisureco.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260701611421/en/ Contacts Investors:Andrew BurnsInvestor [email protected] Media:Jessica DoylePublic [email protected]

Trip.com (TCOM) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.35%. A quarter ago, it was expected that this travel services company would post earnings of $0.72 per share when it actually produced earnings of $0.71, delivering a surprise of -1.39%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Trip.com, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $2.35 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.99%. This compares to year-ago revenues of $1.91 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Trip.com shares have lost about 36.7% since the beginning of the year versus the S&P 500's gain of 7.6%. While Trip.com has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Trip.com was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Stron...

Carnival (CCL) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +18.84%. A quarter ago, it was expected that this cruise operator would post earnings of $0.18 per share when it actually produced earnings of $0.2, delivering a surprise of +11.11%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Carnival, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $6.66 billion for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 0.33%. This compares to year-ago revenues of $6.33 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Carnival shares have lost about 1.2% since the beginning of the year versus the S&P 500's gain of 9.2%. While Carnival has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Carnival was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) st...

Looking back on consumer discretionary - travel and vacation providers stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Travel + Leisure (NYSE:TNL) and its peers. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Travel and vacation providers operate tour packages, cruise lines, online travel agencies, and vacation rental platforms, connecting consumers with leisure and business travel experiences. Tailwinds include robust post-pandemic travel demand, a consumer preference shift toward experiences over goods, and technology-enabled personalization improving conversion and loyalty. However, headwinds are significant: the industry is acutely sensitive to macroeconomic cycles, geopolitical instability, and fuel price volatility. Low switching costs mean fierce price competition, while capacity additions in segments like cruises can lead to oversupply. Regulatory burdens, weather disruptions, and public health risks further create episodic but potentially severe demand shocks. The 19 consumer discretionary - travel and vacation providers stocks we track reported a mixed Q1. As a group, revenues beat analysts’ consensus estimates by 1.6% while next quarter’s revenue guidance was 9.3% below. Luckily, consumer discretionary - travel and vacation providers stocks have performed well with share prices up 11.5% on average since the latest earnings results. Formerly known as Wyndham Destinations, Travel + Leisure (NYSE:TNL) is a global vacation company that provides travelers with vacation ownership, exchange, and travel services. Travel + Leisure reported revenues of $961 million, up 2.9% year on year. This print was in line with analysts’ expectations, and overall, it was a satisfactory quarter for the company with a decent beat of analysts’ adjusted operating income estimates but EBITDA guidance for next quarter s...

Q1 beat guidance: Travel + Leisure reported revenue of $961 million, adjusted EBITDA of $225 million and adjusted EPS of $1.45 (EPS growth 31%), and management reaffirmed full-year 2026 guidance for gross VOI sales of $2.5–$2.6 billion and adjusted EBITDA of $1.03–$1.055 billion. Vacation Ownership remained the driver: Gross VOI sales rose 7% to $549 million and segment EBITDA increased 20% to $191 million—tour flow and VPG gains helped, though new owner mix dipped as close rates softened (new owner tour growth was 7%). Multi-brand expansion and strong balance sheet: Newer brands are expected to approach 10% of VOI sales (Margaritaville near $150M; Accor and Eddie Bauer gaining traction), while resort optimization is delivering savings and the company finished the quarter with leverage just under 3.2x, over $1 billion in liquidity, and $128 million returned to shareholders. Interested in Travel + Leisure Co.? Here are five stocks we like better. Travel + Leisure (NYSE:TNL) reported first-quarter 2026 results that topped its internal expectations, driven by strength in its Vacation Ownership business and what management described as resilient owner demand despite an uncertain macroeconomic backdrop. Michael Brown, president and CEO, said first-quarter EBITDA exceeded guidance “driven by strong execution in our Vacation Ownership business and resilient owner demand.” Brown added that the quarter’s results served as “a clear validation of that strategy and a proof point of the durability of our model, even as the macroeconomic environment remains uncertain.” → The Trade Desk: Down 75%, But a Reversal May Be Near Brown said the company generated revenue of $961 million, adjusted EBITDA of $225 million, and adjusted earnings per share of $1.45. He highlighted “gross VOI sales growth of 7%, EBITDA margin expansion of 180 basis points, and EPS growth of 31%.” Erik Hoag, CFO, said the “compounding in the first quarter is clear,” with revenue up 3%, EBITDA up 11%, net income up 22%, and EPS up 31%, attributing outperformance to tour flow and operating leverage as well as capital allocation. → Google Cloud Next 2026 Event Bets Big on AI Infrastructure Within Vacation Ownership, Hoag reported gross VOI sales of $549 million, up 7% year over year, driven by tour flow growth of 5% and volume per guest (VPG) increasing 3% to $3,321. Segment EBITDA rose 20% to $191 million...

Performance was driven by strong execution in Vacation Ownership and resilient owner demand, resulting in 180 basis points of EBITDA margin expansion. The resort optimization initiative is successfully realizing expense savings while maintaining historical sales growth rates despite the closure of aging, lower-demand resorts. Management attributes the 7% gross VOI sales growth to a 5% increase in tour flow and volume per guest (VPG) performing above internal plans. The multi-brand strategy is gaining traction, with Margaritaville approaching $150 million in annual sales and the new Eddie Bauer and Sports Illustrated brands expanding the addressable market. Owner behavior remains stable with a steady 100-day booking window and consistent length of stay, suggesting the value proposition remains relevant to the 80% of owners who have paid off their loans. Strategic partnerships, including an expanded 5-year agreement with United Parks & Resorts, are strengthening top-of-funnel demand and new owner acquisition prospects. Full-year 2026 guidance is reaffirmed, assuming mid-single-digit tour flow growth and gross VOI sales between $2.5 billion and $2.6 billion. Free cash flow generation is expected to be backloaded in 2026 due to significant inventory investments in Nashville and Chicago during the first half of the year. The multi-brand portfolio, including Accor and Sports Illustrated, is projected to approach 10% of the total sales mix this year with expectations for further scaling. Management anticipates new owner mix will increase as the year progresses, supported by a 7% growth in new owner tour flow achieved in the first quarter. Guidance methodology incorporates a cautious stance regarding geopolitical risks and macro volatility, despite current healthy consumer travel trends. Early-stage delinquencies are showing 'wobble' in more recent loan cohorts, though management expects the full-year provision rate to remain modestly below prior-year levels. The Travel and Membership segment continues to face a secular decline in higher-margin exchange activity, resulting in an 8% revenue decrease for the quarter. Inventory drawdowns for new resort locations impacted Q1 free cash flow but are viewed as necessary investments for long-term VOI sales growth. The resort optimization program involves the strategic exit from resorts with an average tenure of 40 years to...

This article first appeared on GuruFocus. Revenue: $961 million for the first quarter. EBITDA: $225 million, exceeding guidance. EPS: $1.45, with a growth of 31%. Gross VOI Sales: $549 million, up 7% year-over-year. EBITDA Margin Expansion: 180 basis points. Tour Growth: 5%, above the 2025 rate of 3%. Volume Per Guest (VPG): Increased 3% to $3,321. Shareholder Returns: $128 million returned through dividends and share repurchases. Dividend Increase: 7% to $0.60 per share. Share Repurchases: 1.2 million shares repurchased in the quarter. Exchange Membership: Approximately 3.3 million subscribers, down 2% year-over-year. Segment Revenue (Travel and Membership): $165 million, down 8% year-over-year. Segment EBITDA (Travel and Membership): $59 million, down 13%. Leverage: Just below 3.2 times. Liquidity: Over $1 billion of available capacity. ABS Transaction: $325 million raised at a 98% advance rate and 5.1% coupon. Full Year 2026 Guidance: Gross VOI sales expected to be $2.5 billion to $2.6 billion; EBITDA $1.03 billion to $1.055 billion. Free Cash Flow Conversion: Expected to convert roughly half of full year EBITDA into free cash flow. Adjusted Tax Rate: Approximately 29% for the full year. Second Quarter Guidance: Gross VOI sales $660 million to $690 million; EBITDA $260 million to $270 million. Warning! GuruFocus has detected 8 Warning Sign with TNL. Is TNL fairly valued? Test your thesis with our free DCF calculator. Release Date: April 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Travel+Leisure Co (NYSE:TNL) exceeded its first-quarter EBITDA guidance, driven by strong execution in its Vacation Ownership business and resilient owner demand. The company achieved a 7% growth in gross VOI sales and an EBITDA margin expansion of 180 basis points. Travel+Leisure Co (NYSE:TNL) returned $128 million to shareholders through dividends and share repurchases, with a 7% increase in dividends to $0.60 per share. The company is making meaningful progress in advancing its multi-brand strategy, with brands like Margaritaville and Accor Vacation Club showing strong sales growth. Travel+Leisure Co (NYSE:TNL) renewed and expanded a five-year agreement with United Parks & Resorts, enhancing its strategic partnership and increasing its presence across additional parks. The company is experiencing some movement i...