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 12 months 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 past, it was anticipated that this international 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%.
Over the past 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 rapid worth motion based mostly on the recently-released numbers and future earnings expectations will largely rely upon administration’s commentary on the earnings name.
Travelzoo shares have misplaced about 30.3% for the reason that starting of the 12 months 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 12 months, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There are not 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 currently.
Empirical analysis exhibits a robust correlation between near-term inventory actions and tendencies in earnings estimate revisions. Traders can observe such revisions by themselves or depend on a tried-and-tested score instrument just like the Zacks Rank, which has a formidable observe document of harnessing the ability of earnings estimate revisions.
Forward of this earnings launch, the estimate revisions pattern for Travelzoo: favorable. Whereas the magnitude and path of estimate revisions might 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 may see the whole checklist of at the moment’s Zacks #1 Rank (Robust Purchase) shares right here.
It will likely be attention-grabbing to see how estimates for the approaching quarters and present fiscal 12 months 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 12 months.
Traders needs to be aware of the truth that the outlook for the trade can have a cloth influence on the efficiency of the inventory as properly. 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 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 degree.
Reserving Holdings’ revenues are anticipated to be $4.35 billion, up 101.3% from the year-ago quarter.
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