Wyndham Worldwide (WYN) Tops Q3 EPS by 1c, Approves $1B Buyback

Wyndham Worldwide (NYSE: WYN) reported Q3 EPS of $2.03, $0.01 better than the analyst estimate of $2.02. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.67 billion.

GUIDANCE:

Wyndham Worldwide sees FY2017 EPS of $5.95-$6.05 vs $6.18 consensus. Wyndham Worldwide sees FY2017 revenue of $5.8-5.85 billion vs $5.87 billion.

The Company's Board of Directors approved a $1.0 billion increase in the share repurchase authorization. Including the increase, the Company's remaining share repurchase authorization totals $1.3 billion as of October 24, 2017.

For earnings history and earnings-related data on Wyndham Worldwide (WYN) click here.

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