Wyndham Worldwide Corp Beats Q1 Adj. EPS Estimates

Wyndham Worldwide Corp (WYN) reported Q1 adjusted EPS of $1.33, versus $1.01 last year. This beat the $1.30 Street view.

Revenue for the quarter came in at $1.19 billion, versus $1.15 billion last year. This fell short of the $1.26 billion analyst consensus.

The company is guiding for 2018 revenue in a range of $5.195 billion to $5.335 billion, which excludes the company’s European vacation rentals business, which it has classified as a discontinued operation as it has agreed to sell it, and therefore may not be comparable to the Street view for revenue of $5.76 billion.

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