Wyndham Hotels & Resorts Sees 2024 Adj. EPS $4.11-$4.23 vs $4.26 Est.
Portfolio Pulse from Benzinga Newsdesk
Wyndham Hotels & Resorts has projected its adjusted earnings per share (EPS) for 2024 to be in the range of $4.11-$4.23, which is below the estimated $4.26.
February 14, 2024 | 9:32 pm
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Wyndham Hotels & Resorts projects its 2024 adjusted EPS to be lower than the estimated $4.26, indicating a potential downward pressure on its stock price in the short term.
The projection of adjusted EPS by Wyndham Hotels & Resorts for 2024 being lower than the market estimate suggests that the company might not perform as well as expected. This could lead to a negative investor sentiment and potentially result in a decrease in the stock price in the short term. The direct mention of the company and its financial forecast makes this news highly relevant and important for investors in WH.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100