Travel+Leisure Q1 EPS Beats, Revenue +3%

Travel + Leisure reported Q1 adjusted EPS of $1.45, topping the $1.30 consensus by $0.15.
Revenue reached $961 million, a 3% year‑over‑year increase and slightly above the $954.81 million estimate.
Vacation Ownership sales rose 7% YoY to $549 million, while tours grew 5% and guest spend rose 3% to $3,321.
Adjusted EBITDA hit $225 million (+11% YoY); the firm guided Q2 EBITDA $260‑$270 million and reaffirmed FY 2026 range $1,030‑$1,055 million.