Wyndham Hotels & Resorts (NYSE:WH) Updates FY 2020 Pre-Market Earnings Guidance
Wyndham Hotels & Resorts (NYSE:WH) issued an update on its FY 2020
Pre-Market earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.48-3.58 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.55. The company issued revenue guidance of $1.89-1.93 billion, compared to the consensus revenue estimate of $2.08 billion.Wyndham Hotels & Resorts also updated its FY20 guidance to $3.48-3.58 EPS.
Shares of NYSE WH traded down $0.17 during midday trading on Friday, reaching $58.93. 961,399 shares of the stock were exchanged, compared to its average volume of 685,534. The business has a 50-day simple moving average of $60.12 and a two-hundred day simple moving average of $55.70. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 42.40, a P/E/G ratio of 1.53 and a beta of 1.18. Wyndham Hotels & Resorts has a 12 month low of $48.53 and a 12 month high of $63.66. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.14 and a quick ratio of 1.14.
Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.81 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.81. The company had revenue of $492.00 million for the quarter, compared to analysts’ expectations of $493.19 million. Wyndham Hotels & Resorts had a net margin of 6.47% and a return on equity of 22.24%. The business’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. Equities research analysts expect that Wyndham Hotels & Resorts will post 3.26 earnings per share for the current fiscal year.
In other Wyndham Hotels & Resorts news, insider Thomas Hunter Barber sold 3,091 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $57.62, for a total value of $178,103.42. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.90% of the company’s stock.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.
Featured Story: What does a market perform rating mean?
Receive News & Ratings for Wyndham Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.