Wyndham Worldwide (WYN) Tops Q1 EPS by 1c

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Wyndham Worldwide Reports First Quarter 2016 Results

April 26, 2016 6:30 AM EDT

PARSIPPANY, N.J., April 26, 2016 /PRNewswire/ -- Wyndham Worldwide Corporation (NYSE: WYN) today announced results for the three months ended March 31, 2016.

HIGHLIGHTS:

First quarter adjusted diluted earnings per share (EPS) was $1.12, an increase of 9% from $1.03 in the first quarter of 2015. Reported diluted EPS was $0.84, compared with $1.00 in the first quarter of 2015. First quarter 2016 adjusted EBITDA increased 4%, or 6% on a currency neutral basis and excluding acquisitions compared with the first quarter of 2015. The Company repurchased 2.5 million shares of its common stock... More