Wyndham Hotels & Resorts, Inc. (WH) Tops Q1 EPS by 3c, Reaffirms Outlook

Wyndham Hotels & Resorts, Inc. (NYSE: WH) reported Q1 EPS of $0.52, $0.03 better than the analyst estimate of $0.49. Revenue for the quarter came in at $468 million versus the consensus estimate of $448.76 million.

Outlook

The Company is reaffirming the following outlook for full-year 2019:

• Revenues of $2.11 billion to $2.16 billion, an increase of 13% to 16%.
• Adjusted net income of $301 million to $313 million.
• Adjusted EBITDA of $605 million to $620 million, a year-over-year increase of 19% to 22%.
• Rooms growth of 2% to 4%.
• Organic RevPAR growth of 1% to 3% in constant currency.

The Company increased its outlook for adjusted diluted EPS by two cents, to $3.07 to $3.19, based on an adjusted share count of 98.2 million, which reflects first quarter share repurchases and excludes future repurchases. The Company is providing an outlook for net income, EBITDA and EPS only on a non-GAAP, adjusted basis because it is unable to predict with reasonable certainty the occurrence or amount of potential adjustments that may arise in the future.

For earnings history and earnings-related data on Wyndham Hotels & Resorts, Inc. (WH) click here.

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