For the quarter ended June 2023, Wyndham Hotels (WH) reported revenue of $362 million, down 6.2% over the same period last year. EPS came in at $0.93, compared to $1.07 in the year-ago quarter.
The reported revenue represents a surprise of -1.30% over the Zacks Consensus Estimate of $366.76 million. With the consensus EPS estimate being $0.92, the EPS surprise was +1.09%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Wyndham performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Rooms: 851500 versus the three-analyst average estimate of 849279.4.
- Total RevPAR: $46.47 versus $46.79 estimated by three analysts on average.
- Net revenues- Fee-related and other revenues- Royalties and franchise fees: $142 million compared to the $145.94 million average estimate based on five analysts. The reported number represents a change of +6.8% year over year.
- Net revenues- Cost reimbursements: $4 million versus $2.75 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -87.5% change.
- Net revenues- Fee-related and other revenues- Marketing, reservation and loyalty: $145 million compared to the $152.08 million average estimate based on four analysts. The reported number represents a change of 0% year over year.
- Net revenues- Fee-related and other revenues- Management and other fees: $5 million compared to the $3.43 million average estimate based on four analysts. The reported number represents a change of -68.8% year over year.
- Net revenues- Fee-related and other revenues- Other: $37 million versus $35.57 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +12.1% change.
- Net revenues- Fee-related and other revenues- License and other fees: $29 million versus $27.43 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +7.4% change.
Shares of Wyndham have returned +10.7% over the past month versus the Zacks S&P 500 composite's +5.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>Wyndham Hotels & Resorts (WH) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
