tiprankstipranks
Wyndham Hotels Posts Strong Q3, Raises EPS Outlook
Company Announcements

Wyndham Hotels Posts Strong Q3, Raises EPS Outlook

Don't Miss Our Christmas Offers:

Wyndham Hotels & Resorts ( (WH) ) has issued an announcement.

Wyndham Hotels & Resorts reported strong third-quarter results with a 4% growth in system-wide rooms and a 5% increase in its development pipeline, showcasing robust expansion both domestically and internationally. The company raised its full-year 2024 EPS outlook, despite a slight decrease in net income, driven by higher royalties, franchise fees, and system expansion. Notably, Wyndham returned $126 million to shareholders through share repurchases and dividends, reflecting its commitment to delivering value amidst a dynamic financial environment.

For an in-depth examination of WH stock, go to TipRanks’ Stock Analysis page.

Related Articles
TheFlyWyndham Hotels price target raised to $115 from $100 at Barclays
TheFlyWyndham Hotels price target raised to $113 from $99 at JPMorgan
TheFlyWyndham Hotels price target raised to $115 from $100 at Goldman Sachs
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App