Core Insights - Wyndham Hotels reported $396 million in revenue for Q3 2024, a year-over-year decline of 1.5% and a surprise of -2.69% compared to the Zacks Consensus Estimate of $406.96 million [1] - The EPS for the quarter was $1.39, an increase from $1.31 a year ago, with a surprise of +1.46% over the consensus estimate of $1.37 [1] Revenue and Performance Metrics - Total Rooms: 892,600, below the average estimate of 923,830 from three analysts [2] - Total RevPAR: $49.33, compared to the average estimate of $50.71 [2] - Net revenues from royalties and franchise fees: $159 million, slightly below the average estimate of $162.82 million, representing a year-over-year increase of +4.6% [2] - Net revenues from marketing, reservation, and loyalty: $161 million, below the average estimate of $171.65 million, showing a year-over-year decline of -10.1% [2] - Net revenues from management and other fees: $3 million, slightly above the average estimate of $2.95 million, with no year-over-year change [2] - Net revenues from license and other fees: $32 million, above the average estimate of $31.89 million, reflecting a year-over-year increase of +6.7% [2] - Net revenues from other sources: $39 million, close to the average estimate of $39.85 million, with a year-over-year increase of +8.3% [2] Stock Performance - Wyndham's shares have returned +3.9% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Wyndham (WH) Reports Q3 Earnings: What Key Metrics Have to Say