Wyndham Worldwide (WYN) Tops Q1 EPS by 3c, Updates FY EPS Guidance

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Wyndham Worldwide Reports First Quarter 2017 Results

April 26, 2017 6:31 AM EDT

PARSIPPANY, N.J., April 26, 2017 /PRNewswire/ -- Wyndham Worldwide Corporation (NYSE: WYN) today announced results for the three months ended March 31, 2017.

FIRST QUARTER 2017 OPERATING RESULTSFirst 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 first quarter of 2017 was $141 million compared with $96 million for the first quarter of 2016. Diluted earnings per share (EPS) were $1.33 compared with $0.84 for the prior year period. Adjusted... More