Core Insights - Wyndham Hotels reported revenue of $367 million for the quarter ended June 2024, reflecting a year-over-year increase of 1.4% [1] - The company's EPS was $1.13, up from $0.93 in the same quarter last year, indicating a positive earnings performance [1] Financial Performance Metrics - The reported revenue of $367 million was below the Zacks Consensus Estimate of $371 million, resulting in a revenue surprise of -1.08% [3] - Wyndham delivered an EPS surprise of +8.65%, with the consensus EPS estimate being $1.04 [3] - Total Rooms stood at 884,900, slightly above the average estimate of 884,014 [4] - Total RevPAR was reported at $45.99, lower than the estimated $47.02 [4] - Fee-related and other revenues from royalties and franchise fees were $144 million, compared to the average estimate of $150.37 million, marking a year-over-year change of +1.4% [4] - Marketing, reservation, and loyalty revenues were $150 million, exceeding the average estimate of $148.96 million, with a year-over-year increase of +3.5% [4] - License and other fees generated $31 million, slightly above the estimated $30.80 million, representing a +6.9% change year-over-year [4] - Other fee-related revenues totaled $39 million, compared to the average estimate of $38.37 million, reflecting a +5.4% year-over-year change [4] - Management and other fees were reported at $2 million, below the average estimate of $2.58 million, indicating a significant year-over-year decline of -60% [4] Stock Performance - Shares of Wyndham have returned +1.4% over the past month, compared to the Zacks S&P 500 composite's +1.8% change [6] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [6]
Compared to Estimates, Wyndham (WH) Q2 Earnings: A Look at Key Metrics