XTRA:TUI1Hospitality
TUI (XTRA:TUI1) Stock Eyes Recovery As Margins Hold And Debt Looms
TUI entered this earnings day with the stock drifting, down about 6.7% over the past week despite a 90 day gain of nearly 13%. The market has been treating TUI as a recovery and value story, with a trailing P/E near 5x and a discount to many peers. The headline from this quarter is margin resilience. Q3 revenue landed around €6b with positive EBIT of €86m in a seasonally tricky period, and management still reaffirmed full year EBIT guidance of €1.1b to €1.4b despite higher fuel costs and...