Earnings ·
Travel + Leisure reports Q3 diluted EPS of $1.73, raises full-year Adjusted EBITDA guidance
TNLTravel & Leisure Co.
Travel + Leisure Co. reported third-quarter 2026 net income of $108 million and diluted earnings per share of $1.73, compared to $111 million and $1.67 in the prior year period. Net revenue increased 5% to $1.10 billion, driven by a 9% rise in Vacation Ownership revenue to $953 million. Adjusted EBITDA rose 6% to $283 million, with adjusted diluted EPS up 23% to $2.21. The company raised its full-year Adjusted EBITDA guidance midpoint to the $1.070 billion–$1.085 billion range. Vacation Ownership gross sales grew 6% year-over-year, while Travel and Membership revenue declined 11%. The firm returned $364 million to shareholders year-to-date through share repurchases and dividends.