earnings
confidence high
sentiment positive
materiality 0.75
Wyndham Q2 adj.EPS $0.95 beats; dividend raised 50% to $0.24; FY outlook $525-535M EBITDA
WYNDHAM HOTELS & RESORTS, INC.
2021-Q2 EPS reported
$0.99
revenue$709,000,000
- Q2 adj. diluted EPS $0.95 vs $0.10 YoY; net income $68M vs loss $174M.
- Global RevPAR up 110% YoY, down 17% vs 2019; U.S. RevPAR down only 5% vs 2019.
- Board approved 50% dividend increase to $0.24/share quarterly beginning Q3 2021.
- FY2021 outlook: adj. EBITDA $525-535M, adj. diluted EPS $2.60-2.70, RevPAR up ~40% vs 2020.
- Development pipeline grew 580 bps YoY to over 190k rooms; opened 70% more rooms vs prior year.