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

Wyndham Hotels & Resorts

24/04/2024 22:31

* Wyndham Hotels & Resorts Inc  WH.N  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 86 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 75 cents per share. Wall Street
expected results to range from 73 cents to 76 cents per share.
    * Revenue fell 2.9% to $304.00 million from a year ago;
analysts
expected $308.26 million. 
    * Wyndham Hotels & Resorts Inc's reported EPS for the
quarter was
19 cents​.
    * The company reported quarterly net income of $16 million.
    * Wyndham Hotels & Resorts Inc shares had fallen by 6.8%
this
quarter and lost 11.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.9%
in the last three months.​ 
    * In the last 30 days, nine 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." 
    * Wall Street's median 12-month price target for Wyndham
Hotels &
Resorts Inc is $88.50 

This summary was machine generated from LSEG data April 24 at
09:30 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
 Mar. 31 2024      0.75           0.78           Beat
 Dec. 31 2023      0.90           0.91           Beat
 Sep. 30 2023      1.25           1.31           Beat
 Jun. 30 2023      0.92           0.93           Beat