Travel + Leisure reports Q2 adjusted EPS $1.52, consensus $1.40

Reports Q2 revenue $985M, consensus $987.87M. reports Q2 adjusted EBITDA of $244M. “For the second quarter, we delivered volume per guest over $3,000 and double-digit increases in both tours and new owner tours. All indications are pointing to a solid second half of 2024, with owner nights up 6 percent for the remainder of the year and our expectation for double-digit tour growth for the full year,” said Michael Brown, CEO. “We are increasing our full year adjusted EBITDA guidance, demonstrating that we have a resilient and value-driven business model; are executing well against our growth initiatives; and see strong consumer demand for vacation ownership.”