By Sabela Ojea
Wyndham Hotels & Resorts logged profit and revenue growth in the fourth quarter, reflecting higher royalties and franchise fees.
The hospitality company on Wednesday posted a profit of $85 million, or $1.08 a share, up from $50 million, or 60 cents a share, for the same period a year earlier.
Stripping out one-time items, earnings per share came in at $1.04. Analysts polled by FactSet had forecast adjusted earnings of 99 cents per share.
Revenue rose to $341 million from $321 million a year earlier, missing the $344.1 million expected by Wall Street.
Chief Executive Geoff Ballotti said the company expects to maintain its momentum as it sees improving customer demand across its leisure and infrastructure segments.
For 2025, the company anticipates adjusted earnings of $4.66 to $4.78. Wall Street forecasts full-year adjusted earnings of $4.77.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
February 12, 2025 16:55 ET (21:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。