Wyndham Worldwide Corp Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 43 cents per share, a decline of 6.5% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting profit of $2.46 per share, a rise of 23% from last year.
Past Earnings Performance: Last quarter, the company beat estimates by 6 cents, coming in at net income of 94 cents a share versus the estimate of profit of 88 cents a share. It marked the fourth straight quarter of beating estimates.
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Wall St. Revenue Expectations: Analysts are projecting a rise of 6.7% in revenue from the year-earlier quarter to $1 billion.
Analyst Ratings: Analysts are bullish on this stock with eight analysts rating it as a buy, none rating it as a sell and none rating it as a hold.
A Look Back: In the third quarter, profit rose 12.2% to $175 million ($1.08 a share) from $156 million (84 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 13.8% to $1.21 billion from $1.06 billion.
The company has seen net income rise in three straight quarters. Net income rose 20% in the second quarter and 44% in the first quarter.
Revenue has risen the past four quarters. Revenue rose 13.2% in the second quarter from the year earlier, climbed 7.4% in the first quarter from the year-ago quarter and 2.6% in the fourth quarter of the last fiscal year.
Stock Price Performance: During November 4, 2011 to February 2, 2012, the stock price had risen $6.47 (19.1%) from $33.90 to $40.37. The stock price saw one of its best stretches over the last year between April 18, 2011 and May 2, 2011 when shares rose for 10-straight days, rising 12.6% (+$3.85) over that span. It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six-straight days, falling 11% (-$3.38) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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