Investing.com - Travel + Leisure Co reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Travel + Leisure Co announced earnings per share of $0.69 on revenue of $809M. Analysts polled by Investing.com anticipated EPS of $0.7526 on revenue of $779.33M.
Travel + Leisure Co shares are down 1.5% from the beginning of the year and are trading at $53.55 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Travel + Leisure Co shares lost 1.63% in pre-market trade the report.
Travel + Leisure Co follows other major Consumer Discretionary sector earnings this month
Travel + Leisure Co's report follows an earnings beat by Tesla on April 20, who reported EPS of $3.22 on revenue of $18.76B, compared to forecasts EPS of $2.26 on revenue of $17.87B.
McDonald’s had beat expectations on Thursday with first quarter EPS of $2.28 on revenue of $5.67B, compared to forecast for EPS of $2.17 on revenue of $5.57B.
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