02.08.2017 22:47:29
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Wyndham Worldwide Reveals 2% Increase In Q2 Earnings
(RTTNews) - Wyndham Worldwide (WYN) reported a profit for its second quarter that climbed from last year.
The company said its bottom line came in at $159 million, or $1.53 per share. This was higher than $156 million, or $1.40 per share, in last year's second quarter.
Analysts had expected the company to earn $1.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.7% to $1.48 billion. This was up from $1.40 billion last year.
Wyndham Worldwide earnings at a glance:
-Earnings (Q2): $159 Mln. vs. $156 Mln. last year. -Earnings Growth (Y-o-Y): 1.9% -EPS (Q2): $1.53 vs. $1.40 last year. -EPS Growth (Y-o-Y): 9.3% -Analysts Estimate: $1.50 -Revenue (Q2): $1.48 Bln vs. $1.40 Bln last year. -Revenue Change (Y-o-Y): 5.7%
-Guidance: Full year EPS guidance: $6.04 - $6.24 Full year revenue guidance: $5.80 - $5.95 Bln
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