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 international media commerce firm would submit a lack of $0.01 per share when it really 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 business, 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 rapid 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% because the 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 thus far this yr, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There aren’t any straightforward solutions to this key query, however one dependable measure that may assist buyers handle that is the corporate’s earnings outlook. Not solely does this embody present consensus earnings expectations for the approaching quarter(s), but additionally how these expectations have modified recently.
Empirical analysis exhibits a powerful correlation between near-term inventory actions and traits in earnings estimate revisions. Buyers can observe such revisions by themselves or depend on a tried-and-tested score instrument just like the Zacks Rank, which has a powerful observe document of harnessing the ability of earnings estimate revisions.
Forward of this earnings launch, the estimate revisions development 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 possibly can see the whole listing of right now’s Zacks #1 Rank (Robust 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.
Buyers needs to be conscious of the truth that the outlook for the business can have a cloth impression on the efficiency of the inventory as nicely. When it comes to the Zacks Trade Rank, Web – Commerce is at the moment 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 business, 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 submit 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.
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