Wyndham Destinations, Inc. ($WYND) 3Q20 Earnings Sneak Peek

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Wyndham Destinations, Inc. (NYSE:WYND) is set to announce third quarter earning results on Wednesday 28th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, WYND to report 3Q20 income of $ 0.40 per share.

For the full year, analysts anticipate top line of $ 2221.81 million, while looking forward to loss of $ 0.97 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 4,040.00 million ~ $ 4,140.00 million, where as bottomline are predicted in a range of $ 5.90 ~ $ 6.10 per share

Click Here For More Historical Outlooks Of Wyndham Destinations, Inc.

Previous Quarter Performance

Wyndham Destinations, Inc. posted loss for the second quarter of $ 1.11 per share, from the revenue of $ 343.00 million. The quarterly revenues reduced 66.99 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.89 per share from $ 336.96 million in revenue. The bottom line results missed street analysts by $ 0.22 or 24.72 percent, at the same time, top line results outshined analysts by $ 6.04 million or 1.79 percent.

Stock Performance

Shares of Wyndham Destinations, Inc. traded low $ -0.96 or -2.78 percent on Tuesday, reaching $ 33.58 with volume of 762.50 thousand shares. Wyndham Destinations, Inc. has traded high as $ 34.41 and has cracked $ 33.26 on the downward trend

According to the previous trading day, closing price of $ 33.58, representing a 151.38 % increase from the 52 week low of $ 13.74 and a 34.99 % decrease over the 52 week high of $ 53.13.

The company has a market capital of $ 2.86 billion and is part of the Consumer Cyclical sector and Lodging industry.

Recent Analyst recommendations

  • On 8th September 2020, upgraded by Goldman Sachs Group to Buy from Neutral rating, with $ 36.00 target price.

Recent Stock Dividend Announcement

On August 11, 2020, the board of directors authorized quarterly dividend of $ 0.30 per share to holders of record as of the close of business on September 15, 2020, with payment date of September 30, 2020 and ex-dividend date on September 14, 2020.

Conference Call

Wyndham Destinations, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.wyndhamdestinations.com

Wyndham Destinations, Inc. operates as a vacation ownership and exchange company in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Rentals.