Travelzoo (NASDAQ:TZOO) is reporting third quarter earnings results on Wednesday 21st October 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.19 per share.
For the full year, analysts predict revenues of $ 55.24 million, while looking forward to loss of $ 0.19 per share.
Previous Quarter Performance
Travelzoo unveiled loss for the second quarter of $ 0.21 per share, from the revenue of $ 7.00 million. The quarterly revenues fell 75.27 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.20 per share from $ 4.00 million in revenue. The bottom line results missed street analysts by $ 0.01 or 5 percent, at the same time, top line results outshined analysts by $ 3.00 million or 75.00 percent.
Stock Performance
Shares of Travelzoo traded up $ 0.26 or 3.56 percent on Tuesday, reaching $ 7.56 with volume of 44.70 thousand shares. Travelzoo has traded high as $ 7.65 and has cracked $ 7.19 on the downward trend
The closing price of $ 7.56, representing a 140.13 % increase from the 52 week low of $ 3.04 and a 41.13 % decrease over the 52 week high of $ 12.40.
The company has a market capital of $ 85.51 million and is part of the Technology sector and Internet Content & Information industry.
Conference Call
Travelzoo will be hosting a conference call at 11:00 AM eastern time on 21st October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.travelzoo.com
Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include Travelzoo Website; Travelzoo iPhone and Android apps; Travelzoo Top 20 email newsletter; and Newsflash email alert service. The company also operates the Travelzoo Network, a network of third-party Websites that list travel deals published by the company; and Local Deals and Getaway listings, which allow its members to purchase vouchers for deals from local businesses, such as spas, hotels, and restaurants.
