Travelport: 3Q Earnings Snapshot

Travelport: 3Q Earnings Snapshot

LANGLEY BERKSHIRE, Britain (AP) _ Travelport Worldwide Ltd. (TVPT) on Thursday reported third-quarter earnings of $5.1 million.

On a per-share basis, the Langley Berkshire, Britain-based company said it had profit of 4 cents. Earnings, adjusted for non-recurring costs, came to 31 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The travel commerce company posted revenue of $622.6 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $628.7 million.

Travelport expects full-year earnings in the range of $1.34 to $1.46 per share, with revenue in the range of $2.54 billion to $2.59 billion.

Travelport shares have risen 15 percent since the beginning of the year. The stock has fallen 4.5 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TVPT at https://www.zacks.com/ap/TVPT