Wyndham Destinations (WYND) Tops Q4 EPS by 2c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus, FY20 Revenue Mid-Point Views Below Consensus

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Go back to Wyndham Destinations (WYND) Tops Q4 EPS by 2c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus, FY20 Revenue Mid-Point Views Below Consensus

Wyndham Destinations Reports Fourth Quarter and Full-Year 2019 Results; Increases Dividend 11% and Provides Full-Year 2020 Outlook

February 26, 2020 6:30 AM EST

ORLANDO, Fla., Feb. 26, 2020 /PRNewswire/ -- Wyndham Destinations, Inc. (NYSE: WYND), the world's largest vacation ownership and exchange company, today reported fourth quarter and full-year 2019 financial results for the period ended December 31, 2019. Highlights include:

Net VOI sales increased 4% to $464 million; gross VOI sales increased 3% to $582 million in the fourth quarter Fourth quarter GAAP diluted EPS from continuing operations increased 57% to $1.73 Adjusted diluted EPS from continuing operations in the fourth quarter increased 24% to $1.58 Net income from continuing operations increased 46% to $155 million and adjusted net income from... More