Wyndham Hotels & Resorts Posts $99 Million Q3 Profit, Adjusted EPS Beats Estimates

Wyndham Hotels & Resorts Inc. (WH) reported third-quarter net income of $99 million on Wednesday, with adjusted earnings of $1.43 per share exceeding Wall Street's estimate of $1.32, according to six analysts surveyed by Zacks Investment Research. The Parsippany, New Jersey-based hotel chain posted revenue of $410 million, marginally missing the $410.6 million consensus from five analysts. Net income stood at $1.33 per diluted share on a reported basis. Wyndham guided full-year earnings in the range of $4.84 to $4.92 per share, with revenue projected between $1.48 billion and $1.5 billion.