Wyndham Hotels & Resorts Inc reports results for the quarter ended in June - Earnings Summary

Wyndham Hotels & Resorts

25/07/2024 24:01

* Wyndham Hotels & Resorts Inc  WH.N  reported quarterly
adjusted
earnings of $1.13​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 93 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of $1.03 per
share. Wall Street expected results to range from $1.00 
to $1.07 per share.
    * Revenue rose 2.5% to $367.00 million from a year ago;
analysts
expected $370.57 million. 
    * Wyndham Hotels & Resorts Inc's reported EPS for the
quarter was
$1.07​.
    * The company reported quarterly net income of $86 million.
    * Wyndham Hotels & Resorts Inc shares had risen by 0.1% this
quarter and lost 7.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the hotels,
motels &
cruise lines peer group is also "buy"

Wall Street's median 12-month price target for Wyndham Hotels &
Resorts Inc is $88.00 
This summary was machine generated from LSEG data July 24 at
11:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.03           1.13           Beat
 Mar. 31 2024      0.75           0.78           Beat
 Dec. 31 2023      0.90           0.91           Beat
 Sep. 30 2023                     1.31