Wyndham Hotels (WH) Q2 Earnings Surpass Estimates

Company Performance - Wyndham reported quarterly earnings of $1.13 per share, exceeding the Zacks Consensus Estimate of $1.04 per share, and showing an increase from $0.93 per share a year ago [7] - The company posted revenues of $367 million for the quarter ended June 2024, which was 1.08% below the Zacks Consensus Estimate, but an increase from $362 million in the same quarter last year [2] - Over the last four quarters, Wyndham has surpassed consensus EPS estimates four times [8] Stock Performance - Wyndham shares have declined approximately 7.9% since the beginning of the year, while the S&P 500 has gained 16.5% [3] - The current consensus EPS estimate for the upcoming quarter is $2.49, reflecting a year-over-year change of +10.2% [6] - The current consensus EPS estimate for the current fiscal year is $4.25 on revenues of $1.45 billion [5] Earnings Outlook - The estimate revisions trend for Wyndham is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [11] - Future stock price movements will largely depend on management's commentary during the earnings call [9] - The Hotels and Motels industry is currently ranked in the top 42% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [13]