Analysts on Wall Street project that Wyndham Hotels (WH) will announce quarterly earnings of $1.31 per share in its forthcoming report, representing a decline of 10.3% year over year. Revenues are projected to reach $410.92 million, increasing 7.6% from the same quarter last year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
In light of this perspective, let's dive into the average estimates of certain Wyndham metrics that are commonly tracked and forecasted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Net revenues- Royalties and franchise fees' of $157.09 million. The estimate indicates a year-over-year change of +6.9%.
Analysts forecast 'Net revenues- Marketing, reservation and loyalty' to reach $156.24 million. The estimate indicates a year-over-year change of +4.9%.
Based on the collective assessment of analysts, 'Net revenues- License and other fees' should arrive at $37.19 million. The estimate indicates a year-over-year change of +6.3%.
It is projected by analysts that the 'Net revenues- Other' will reach $56.12 million. The estimate indicates a change of +14.5% from the prior-year quarter.
Analysts expect 'Total RevPAR' to come in at $50.55 . The estimate compares to the year-ago value of $50.05 .
The consensus estimate for 'Total Rooms' stands at 884,701 . The estimate is in contrast to the year-ago figure of 855,400 .
View all Key Company Metrics for Wyndham here>>>Shares of Wyndham have demonstrated returns of +13.5% over the past month compared to the Zacks S&P 500 composite's +0.7% change. With a Zacks Rank #3 (Hold), WH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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This article originally published on Zacks Investment Research (zacks.com).