Wolfe Research Downgrades Wyndham Worldwide (WYN) to Peerperform
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Wyndham Worldwide Reports Fourth Quarter and Full Year 2016 Results
February 15, 2017 6:30 AM ESTPARSIPPANY, N.J., Feb. 15, 2017 /PRNewswire/ -- Wyndham Worldwide Corporation (NYSE: WYN) today announced results for the three months and year ended December 31, 2016.
FOURTH QUARTER 2016 OPERATING RESULTSFourth quarter revenues were $1.3 billion, up 1% compared with the prior year period. Full reconciliations of GAAP results to non-GAAP measures for all reported periods appear in the tables to this press release.
Net income for the fourth quarter of 2016 was $164 million compared with $140 million for the fourth quarter of 2015. Diluted earnings per share (EPS) increased 26% to $1.53 per diluted share... More
