Wyndstorm Corporation (WYND) Tops Q1 EPS by 13c; Raises FY18 EPS/Adj. EBITDA Guidance

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Wyndham Destinations Reports First Quarter 2019 Results

May 1, 2019 6:30 AM EDT

ORLANDO, Fla., May 1, 2019 /PRNewswire/ -- Wyndham Destinations, Inc. (NYSE: WYND), the world's largest vacation ownership and exchange company, today reported first quarter 2019 financial results for the period ended March 31, 2019. Highlights include:

Income from continuing operations increased 98% to $81 million and diluted earnings per share (EPS) from continuing operations increased 107% to $0.85 Net revenue of $918 million and gross VOI sales of $484 million increased 1% and 4%, respectively Adjusted EBITDA increased 4%1 to $205 million and adjusted diluted EPS from continuing operations increased 23%1 to $1.03 Delivered net cash provided by operating activities from continuing... More