Wyndham Hotels & Resorts Reports Second Quarter 2019 Results
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Wyndham Hotels & Resorts, Inc. (WH) Tops Q2 EPS by 3c, Revenues Beat; Raises FY19 EPS Guidance, Lowers FY19 Revenue Outlook
July 25, 2019 6:34 AM EDTWyndham Hotels & Resorts, Inc. (NYSE: WH) reported Q2 EPS of $0.84, $0.03 better than the analyst estimate of $0.81. Revenue for the quarter came in at $533 million versus the consensus estimate of $529.91 million.
Revenues increased 23% compared with second quarter 2018, to $533 million.Net income was $26 million for the second quarter, a 24% increase over the prior-year quarter; adjusted net income was $82 million, a 12% increase over the prior-year quarter.Diluted earnings per share were $0.27 and adjusted diluted EPS were $0.84.Adjusted EBITDA increased 27% compared with the... More