Benchmark Comments on Travelzoo
Benchmark has published a report on Travelzoo (NASDAQ: TZOO).
In the report, Benchmark wrote, "Travelzoo (TZOO Buy, PT $124) is set to report 2Q11 results on Thursday, July 21, before the stock market opens. We estimate Travelzoo could record 44% y/y revenue growth to $40 million, including $10 million (net) from Local Deals, implying 8% growth in core revenues. Adjusted EBITDA could reach $12 million, up 80%, leading to EPS of $0.41, ahead of consensus at $0.38."
Benchmark rated Travelzoo a BUY with a price target of $124.00.
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