earnings
confidence high
sentiment neutral
materiality 0.80
Wyndham Q2 adjusted EPS $1.13 beats prior year; raises FY EPS guidance to $4.20-4.32
WYNDHAM HOTELS & RESORTS, INC.
2024-Q2 EPS reported
$1.26
revenue$671,000,000
- Net income $86M (+23% YoY); diluted EPS $1.07 (+30% YoY); adjusted diluted EPS $1.13 (+22% YoY).
- Fee-related and other revenues $366M vs $358M; global RevPAR +2% constant currency; system rooms +4%.
- Record development pipeline of 245,000 rooms (+7% YoY); awarded 180 new contracts, up 33% in U.S.
- Raises FY 2024 adjusted diluted EPS outlook to $4.20-$4.32; lowers RevPAR guidance to approx. flat.
- Returned $162M to shareholders via $131M share repurchases and $0.38 quarterly dividend.