Recap: Wyndham Hotels & Resorts Q4 Earnings
Portfolio Pulse from Benzinga Insights
Wyndham Hotels & Resorts (NYSE:WH) reported Q4 earnings with an EPS of $0.91, beating estimates by 1.11% but with a revenue decrease of $13M from the previous year. Despite beating EPS estimates in past quarters, such performance has previously led to a share price drop the following day.
February 14, 2024 | 9:35 pm
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Wyndham Hotels & Resorts reported a Q4 EPS of $0.91, surpassing estimates by 1.11%, but saw a revenue decrease of $13M from the same period last year.
While Wyndham Hotels & Resorts exceeded EPS estimates for Q4, the decrease in revenue compared to the previous year and historical context of share price drops following earnings beats suggest a potential short-term negative impact on the stock price.
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