Travelzoo (TZOO) Misses Q2 Earnings and Income Estimates

Travelzoo (TZOO) got here out with quarterly earnings of $0.08 per share, lacking the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.22 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -46.67%. 1 / 4 in the past, it was anticipated that this world media commerce firm would publish a lack of $0.01 per share when it truly produced earnings of $0.19, delivering a shock of two,000%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Travelzoo , which belongs to the Zacks Web – Commerce trade, posted revenues of $17.69 million for the quarter ended June 2022, lacking the Zacks Consensus Estimate by 10.30%. This compares to year-ago revenues of $19.08 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.

The sustainability of the inventory’s instant worth motion based mostly on the recently-released numbers and future earnings expectations will principally depend upon administration’s commentary on the earnings name.

Travelzoo shares have misplaced about 30.3% for the reason that starting of the yr versus the S&P 500’s decline of -17.7%.

What’s Subsequent for Travelzoo?

Whereas Travelzoo has underperformed the market up to now this yr, the query that involves buyers’ minds is: what’s subsequent for the inventory?

There aren’t any simple solutions to this key query, however one dependable measure that may assist buyers tackle that is the corporate’s earnings outlook. Not solely does this embrace present consensus earnings expectations for the approaching quarter(s), but additionally how these expectations have modified recently.

Empirical analysis exhibits a robust correlation between near-term inventory actions and traits in earnings estimate revisions. Traders can observe such revisions by themselves or depend on a tried-and-tested score software just like the Zacks Rank, which has a formidable observe report of harnessing the facility of earnings estimate revisions.

Forward of this earnings launch, the estimate revisions pattern for Travelzoo: favorable. Whereas the magnitude and course of estimate revisions may change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #2 (Purchase) for the inventory. So, the shares are anticipated to outperform the market within the close to future. You’ll be able to see the entire checklist of at present’s Zacks #1 Rank (Sturdy Purchase) shares right here.

It is going to be fascinating to see how estimates for the approaching quarters and present fiscal yr change within the days forward. The present consensus EPS estimate is $0.17 on $20.89 million in revenues for the approaching quarter and $0.65 on $80.23 million in revenues for the present fiscal yr.

Traders must be conscious of the truth that the outlook for the trade can have a fabric influence on the efficiency of the inventory as effectively. When it comes to the Zacks Business Rank, Web – Commerce is presently within the backside 42% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.

Reserving Holdings (BKNG), one other inventory in the identical trade, has but to report outcomes for the quarter ended June 2022. The outcomes are anticipated to be launched on August 3.

This on-line reserving service is anticipated to publish quarterly earnings of $17.73 per share in its upcoming report, which represents a year-over-year change of +795.3%. The consensus EPS estimate for the quarter has been revised 2.3% decrease over the past 30 days to the present stage.

Reserving Holdings’ revenues are anticipated to be $4.35 billion, up 101.3% from the year-ago quarter.

Need the newest suggestions from Zacks Funding Analysis? As we speak, you possibly can obtain 7 Greatest Shares for the Subsequent 30 Days. Click on to get this free report
 
Travelzoo (TZOO) : Free Inventory Evaluation Report
 
Reserving Holdings Inc. (BKNG) : Free Inventory Evaluation Report
 
To learn this text on Zacks.com click on right here.
 
Zacks Funding Analysis

Travel News

Travelzoo (TZOO) Misses Q2 Earnings and Income Estimates

Travelzoo (TZOO) got here out with quarterly earnings of $0.08 per share, lacking the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.22 per share a yr in the past. These figures are adjusted for non-recurring gadgets. This quarterly report represents an earnings shock of -46.67%. 1 / 4 in the […]

Read More
Travel News

Travelzoo (TZOO) Misses Q2 Earnings and Income Estimates

Travelzoo (TZOO) got here out with quarterly earnings of $0.08 per share, lacking the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.22 per share a yr in the past. These figures are adjusted for non-recurring gadgets. This quarterly report represents an earnings shock of -46.67%. 1 / 4 in the […]

Read More
Travel News

Can Blended Fundamentals Have A Damaging Affect on Travelzoo (NASDAQ:TZOO) Present Share Worth Momentum?

Most readers would already remember that Travelzoo’s (NASDAQ:TZOO) inventory elevated considerably by 20% over the previous month. Nonetheless, we determined to concentrate to the corporate’s fundamentals which do not seem to provide a transparent signal concerning the firm’s monetary well being. On this article, we determined to deal with Travelzoo’s ROE. ROE or return on […]

Read More