XTRA:TUI1Hospitality
Assessing TUI (XTRA:TUI1) Valuation After Improved Q1 Earnings And Reaffirmed Guidance
Why TUI’s latest earnings have caught investor attention
TUI (XTRA:TUI1) has drawn fresh interest after first quarter results showed a narrower net loss, improved EBIT, and reaffirmed full year EBIT guidance, even with the Melissa hurricane in Jamaica affecting operations.
The company reported sales of €4,861.2 million for the quarter, compared with €4,872 million a year earlier, a net loss of €43.6 million versus €85.4 million, and a basic loss per share from continuing operations of €0.09...