Value investors are turning to the travel and leisure industry for potential growth and discounted valuations, as travel stocks catch up to the broader market.
The company reported quarterly adjusted earnings of 75 cents per share which beat the analyst consensus estimate of 62 cents and represents a 167.86% increase from the same period last year. Quarterly sales clocked in at $2.96 billion which beat the analyst consensus estimate of $2.94 billion and is a 39.58% increase over sales of $2.12 billion from the same quarter last year.