Wyndham Q3: $103M net income, RevPAR +3%; rejects Choice; raises FY EPS outlook

WYNDHAM HOTELS & RESORTS, INC.

2023-Q3 EPS reported $2.79 revenue$1,076,000,000

Net income $103M ($1.21 diluted EPS); adjusted EBITDA $200M (+5% YoY).
Global RevPAR +3% constant currency; US RevPAR -1%, International +16%.
Development pipeline record 237k rooms (+12% YoY); 230+ contracts signed.
Board unanimously rejected Choice Hotels' $90/share unsolicited proposal.
Raised FY 2023 adjusted diluted EPS guidance to $3.94-$4.08 from $3.92-$4.06.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WYNDHAM HOTELS & RESORTS, INC. reported three months ended September 30, 2023 results: net income $103 million, EPS $1.21 per diluted share.

Period: three months ended September 30, 2023
Net income: $103 million
EPS: $1.21 per diluted share
Result: reported results

Exact text from the filing

The Company generated net income of $103 million, or $1.21 per diluted share, compared to $101 million, or $1.13 per diluted share, in third quarter 2022.

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

WYNDHAM HOTELS & RESORTS, INC. filing history →

Source: SEC EDGAR

accession 0001722684-23-000020

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