Wyndham Hotels & Resorts Q2 Adj EPS $0.93 Beats $0.91 Estimate, Sales $362.00M Miss $363.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wyndham Hotels & Resorts reported Q2 adjusted earnings of $0.93 per share, beating the analyst consensus estimate of $0.91 by 2.2%. However, this is a 13.08% decrease from the same period last year. The company's quarterly sales of $362.00 million missed the analyst consensus estimate of $363.83 million by 0.50%, marking a 6.22% decrease from the same period last year.
July 26, 2023 | 8:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wyndham Hotels & Resorts' Q2 earnings beat estimates but were lower than last year. Sales missed estimates and were also lower than last year.
While Wyndham beat earnings estimates, the decrease in both earnings and sales compared to the same period last year could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100