Wyndham Reports Wednesday After the Bell: What Analysts Expect for WH

what happened

Hotel franchisor Wyndham is set to release quarterly results on Wednesday after the market closes, according to a preview published by StockStory.

Last quarter the company's revenue came in at $375 million, below analyst forecasts and down 5.5% from a year earlier. Full-year EBITDA guidance was in line with expectations. Wyndham has missed revenue estimates several times over the past two years.

Consensus now points to revenue growth of 7.4% year on year, after a 3.5% decline in the same quarter last year. Analysts have largely held their estimates over the past 30 days. Among peers, Carnival posted 3.5% revenue growth, beating forecasts by 1.1%, and its shares rose 10.8% after the report. Delta's revenue climbed 21.1%, 4.1% above estimates, but its stock fell 2.5%. Wyndham shares are up 13.4% over the past month, against an average analyst target of $96.28 and a price of $76.16.

why it matters

Investors will watch whether Wyndham can return to revenue growth after repeated misses. Consumer discretionary shares have fallen 1.8% on average over the past month, and the varied market reaction to peers' results shows that similar numbers can be received very differently.

tags

instruments