earnings
confidence high
sentiment positive
materiality 0.75
Wyndham Hotels Q3 2022: Adj EPS $1.21, RevPAR up 12%, raises FY22 outlook, adds $400M buyback
WYNDHAM HOTELS & RESORTS, INC.
2022-Q3 EPS reported
$3.26
revenue$1,164,000,000
- Diluted EPS $1.13 GAAP ($1.21 adjusted); net income $101M; adjusted EBITDA $191M.
- Global RevPAR +12% constant currency YoY; U.S. RevPAR +2%; system-wide rooms +4%.
- Raises FY22 outlook: adj EBITDA now $636-644M (prior $611-631M); adj EPS $3.84-3.89 (prior $3.51-3.63).
- Board increased share repurchase authorization by $400M; Q3 repurchases $132M (~2.0M shares).
- Completed $44M acquisition of Vienna House (40+ hotels, 6,400+ rooms) in EMEA on Sept 8, 2022.