Hospitality company Travel + Leisure (NYSE: TNL) will be reporting earnings this Wednesday morning. Here’s what to expect.

Travel + Leisure beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $1.04 billion, up 5.1% year on year. It was a satisfactory quarter for the company, with a decent beat of analysts’ adjusted operating income estimates. It reported 200,000 tours conducted, up 2.6% year on year.

Is Travel + Leisure a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Travel + Leisure’s revenue to grow 2.6% year on year to $996.2 million, slowing from the 3.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.82 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Travel + Leisure has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Travel + Leisure’s peers in the consumer discretionary - travel and vacation providers segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Frontier posted flat year-on-year revenue, beating analysts’ expectations by 2.3%, and Hilton reported revenues up 10.9%, topping estimates by 3.3%. Frontier traded down 12% following the results while Hilton’s stock price was unchanged.

Read our full analysis of Frontier’s results here and Hilton’s results here.

Investors in the consumer discretionary - travel and vacation providers segment have had fairly steady hands going into earnings, with share prices down 1.7% on average over the last month. Travel + Leisure is up 1.4% during the same time and is heading into earnings with an average analyst price target of $78.33 (compared to the current share price of $70.88).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.