Wyndham Hotels & Resorts, Inc. (NYSE:WH) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WH to report 3Q20 income of $ 0.34 per share.
For the full year, analysts anticipate top line of $ 1377.19 million, while looking forward to income of $ 1.27 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,890.00 million ~ $ 1,930.00 million, where as bottomline are predicted in a range of $ 3.48 ~ $ 3.58 per share
Click Here For More Historical Outlooks Of Wyndham Hotels & Resorts, Inc.
Previous Quarter Performance
Wyndham Hotels & Resorts, Inc. posted income for the second quarter of $ 0.10 per share, from the revenue of $ 258.00 million. The quarterly earnings down 88.10 percent while revenues decreased 51.31 percent compared with the same quarter last year.
Street analysts expected Wyndham Hotels & Resorts, Inc. to report loss of $ 0.05 per share on revenue of $ 251.69 million for the second quarter. The bottom line results beat street analysts by $ 0.15 or 300.00 percent, at the same time, top line results outshined analysts by $ 6.31 million or 2.51 percent.
Stock Performance
Shares of Wyndham Hotels & Resorts, Inc. traded low $ -2.12 or -4.24 percent on Tuesday, reaching $ 47.89 with volume of 624.00 thousand shares. Wyndham Hotels & Resorts, Inc. has traded high as $ 50.18 and has cracked $ 47.79 on the downward trend
According to the previous trading day, closing price of $ 47.89, representing a 244.90 % increase from the 52 week low of $ 14.50 and a 21.44 % decrease over the 52 week high of $ 63.66.
The company has a market capital of $ 4.46 billion and is part of the Consumer Cyclical sector and Lodging industry.
Recent Analyst recommendations
- On 30th September 2020, maintained by Bank of America at Buy rating, with $ 60.00 target price.
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.
