Wyndham Worldwide 2Q Earnings Pregame Scorecard
For the last five quarters, Wyndham Worldwide (NYSE:WYN) has exceeded analyst expectations. The company will try to continue the streak when it reports its latest earnings on Wednesday, July 25, 2012.
Expectations
Analysts currently expect Wyndham Worldwide to come in with earnings of 85 cents per share on revenues of $1.16 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 79 cents.
Stock Movement
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen 94 cents per share. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up $3.69 (7.8%), from $47.15 to $50.84.
Company Fundamental Trends On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 13.2% in the second quarter of the last fiscal year, 13.8% in the third quarter of the last fiscal year and 6.8% in the fourth quarter of the last fiscal year before increasing again in the first quarter. On the heels of profit declines in the past two quarters, an income boost this time around would be welcome news. Net income fell 29.1% during the fourth quarter of the last fiscal year and yet again in the first quarter.
Stock Ratings
The average analyst rating of the stock has stayed steady from three months prior.
Last Quarter's Results
In the first quarter, profit fell 55.6% to $32 million (21 cents a share) from $72 million (41 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 8.8% to $1.04 billion from $952 million.
Summary
Reporting Period: 2Q
Date of Release: Wednesday, July 25, 2012 before market open
EPS: 85 cents
Revenue Estimate: $1.16 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)