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Wyndham Hotels & Resorts, Inc. (WH) Tops Q4 EPS by 3c

February 10, 2021 5:05 PM

Wyndham Hotels & Resorts, Inc. (NYSE: WH) reported Q4 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $296 million versus the consensus estimate of $295.27 million.

"We generated strong adjusted EBITDA and free cash flow in the worst year our industry has ever experienced. At the same time, we strengthened our portfolio with the completion of our strategic termination plan and drove sequential growth in hotel openings and our development pipeline," said Geoffrey A. Ballotti, president and chief executive officer. "Our non-urban, drive-to economy and midscale hotels, combined with our ongoing investment in sales and marketing, captured rising pent-up leisure travel demand, which continued to produce sequential RevPAR improvements and domestic market share gains for our franchisees over the course of 2020."

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

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