Wsp Holdings Limited (WH) Misses Q2 EPS by 5c, Revenues Miss; Offers FY18 Revenue Outlook
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Wyndham Hotels & Resorts Reports Second Quarter 2018 Results
August 1, 2018 6:30 AM EDTPARSIPPANY, N.J., Aug. 1, 2018 /PRNewswire/ -- Wyndham Hotels & Resorts (NYSE: WH) today announced results for the three months ended June 30, 2018, which included its spin-off as an independent public company and the acquisition of La Quinta, adding over 900 hotels and nearly 89,000 rooms to its franchise system. Highlights include:
Revenues increased 31% compared with second quarter 2017, to $435 million. Net income was $21 million for the second quarter; adjusted net income was $73 million, a 43% increase over the prior-year quarter. Diluted earnings per share were $0.21 and adjusted diluted EPS were... More