Wyndham: Fourth Quarter Earnings Overview

Wyndham Hotels & Resorts Reports Fourth Quarter Financial Results

Wyndham Hotels & Resorts Inc., headquartered in Parsippany, New Jersey, announced a net loss of $60 million for the fourth quarter.

The company reported a loss of $0.80 per share for the quarter. After accounting for non-recurring items, adjusted earnings stood at $0.93 per share.

These adjusted earnings exceeded the expectations of Wall Street analysts, who had predicted $0.89 per share, according to a survey by Zacks Investment Research.

During the quarter, Wyndham generated $334 million in revenue, which was slightly below the $337.9 million anticipated by analysts surveyed by Zacks.

For the entire year, Wyndham posted a profit of $193 million, translating to $2.50 per share, with total annual revenue reaching $1.43 billion.

Looking ahead, the company projects its full-year earnings per share to be between $4.62 and $4.80.