Wyndham Destinations (WYND) PT Lowered to $43 at Nomura/Instinet
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Wyndham Destinations (WYND) Misses Q1 EPS by 59c, Revenues Miss
May 6, 2020 6:33 AM EDTWyndham Destinations (NYSE: WYND) reported Q1 EPS of $, $0.59 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $558 million versus the consensus estimate of $786.71 million.
Net VOI sales of $90 million; gross VOI sales of $413 million (1) Diluted loss per share from continuing operations of $1.54 (adjusted diluted loss per share of $0.98)Net loss from continuing operations of $134 million and negative adjusted EBITDA of $44 millionIn anticipation of increased defaults due to the impact of... More