Wyndham: Q4 Earnings Preview
Hotel franchising giant Wyndham (NYSE: WH) is set to release its Q4 financial results after market hours tomorrow.
Key Points:
* Q3 Revenue: Missed analyst estimates by 3.5%, reporting $396 million, down 1.5% YoY
* Q4 Expectations:
* Revenue: $348 million, 8.4% YoY growth
* Adjusted Earnings: $0.99 per share
* Analyst Sentiment:
* Estimates largely unchanged over last 30 days
* Wyndham has missed revenue estimates five times in the past two years
* Industry Peers:
* United Airlines reported 7.8% YoY revenue growth, beating estimates
* Royal Caribbean reported 12.9% YoY revenue growth, in line with expectations
* Investor Sentiment:
* Travel and vacation providers sector has seen positive sentiment
* Wyndham shares up 5.9% over the past month
* Analyst Price Target: $107.75, above current share price of $106.90