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 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 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 value motion based mostly on the recently-released numbers and future earnings expectations will principally rely on 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 to this point this 12 months, the query that involves traders’ minds is: what’s subsequent for the inventory?
There are not any simple solutions to this key query, however one dependable measure that may assist traders tackle 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 tendencies in earnings estimate revisions. Buyers 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 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 route 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 may see the whole checklist of at present’s Zacks #1 Rank (Sturdy Purchase) shares right here.
It will likely be fascinating 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.
Buyers needs to be conscious of the truth that the outlook for the business can have a cloth affect on the efficiency of the inventory as effectively. When it comes to the Zacks Trade 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 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 predicted 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 degree.
Reserving Holdings’ revenues are anticipated to be $4.35 billion, up 101.3% from the year-ago quarter.
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