Wyndham Hotels & Resorts shares are trading higher after the company reported better-than-expected Q3 adjusted EPS results and raised its FY24 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Wyndham Hotels & Resorts shares rose following a strong Q3 earnings report, which exceeded expectations. The company also increased its full-year 2024 adjusted EPS guidance.
October 24, 2024 | 2:22 pm
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Wyndham Hotels & Resorts reported better-than-expected Q3 adjusted EPS and raised its FY24 adjusted EPS guidance, leading to a rise in its stock price.
The company's better-than-expected Q3 earnings and increased FY24 EPS guidance are positive indicators for investors, likely boosting confidence and driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100