earnings
confidence high
sentiment positive
materiality 0.75
Wyndham Q4 adj EPS $0.72 beats; RevPAR +15%; dividend +9%; FY23 EBITDA guide $650-660M
WYNDHAM HOTELS & RESORTS, INC.
2022-FY EPS reported
$3.91
revenue$1,498,000,000
- Q4 adj diluted EPS $0.72 vs $0.52 YoY; net income $56M.
- Global RevPAR +15% constant currency Q4; full-year +20%; U.S. RevPAR +5% Q4.
- Development pipeline +12% YoY to ~219,000 rooms; system-wide rooms +4%.
- Full-year adj EBITDA $650M (exceeded $636-644M outlook); free cash flow $360M.
- FY23 outlook: adj EBITDA $650-660M, adj EPS $3.84-$3.98, global RevPAR growth 4-6%.