Wyndham Hotels & Resorts Q2 2024 Adj EPS $1.13 Beats $1.03 Estimate, Sales $367.000M Miss $370.573M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wyndham Hotels & Resorts (NYSE:WH) reported Q2 2024 adjusted EPS of $1.13, beating the estimate of $1.03. However, sales of $367 million missed the $370.573 million estimate. Sales increased by 1.38% year-over-year.
July 24, 2024 | 8:31 pm
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Wyndham Hotels & Resorts reported Q2 2024 adjusted EPS of $1.13, beating the estimate of $1.03 by 9.71%. However, sales of $367 million missed the $370.573 million estimate by 0.96%. Sales increased by 1.38% year-over-year.
The positive EPS surprise is likely to have a favorable impact on the stock price in the short term, despite the slight miss on sales. The year-over-year sales growth also adds a positive sentiment.
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IMPORTANCE 80
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