Wyndham Hotels & Resorts Inc reports results for the quarter ended in September 30 - Earnings Summary

Wyndham Hotels & Resorts

24/10/2024 04:04

* Wyndham Hotels & Resorts Inc  WH.N  reported quarterly
adjusted
earnings of $1.39​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.31.  The mean expectation of twelve analysts
for the quarter was for earnings of $1.38 per share. Wall Street
expected results to range from $1.33  to $1.43 per share.
    * Revenue fell 2% to $394.00 million from a year ago;
analysts
expected $413.64 million. 
    * Wyndham Hotels & Resorts Inc's reported EPS for the
quarter was
$1.29​.
    * The company reported quarterly net income of $102 million.
    * Wyndham Hotels & Resorts Inc shares had risen by 6.7% this
quarter and gained 3.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"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 $90.00 
This summary was machine generated from LSEG data October 24 at
03:03 a.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
 Sep. 30 2024      1.38           1.39           Beat
 Jun. 30 2024      1.03           1.13           Beat
 Mar. 31 2024      0.75           0.78           Beat
 Dec. 31 2023      0.90           0.91           Beat