S&P 500 (NYSE:SPY) component Wyndham Worldwide Corporation (NYSE:WYN) will unveil its latest earnings on Wednesday, July 27, 2011. Wyndham Worldwide Corporation is a hospitality company, offering individual consumers and business customers hospitality products and services. .
Wyndham Worldwide Corporation Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for profit of 56 cents per share, a rise of 9.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 53 cents. For the year, analysts are projecting net income of $2.26 per share, a rise of 13% from last year.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 5 cents, reporting profit of 44 cents per share against a mean estimate of net income of 39 cents per share.
Wall St. Revenue Expectations: On average, analysts predict $1.05 billion in revenue this quarter, a rise of 9% from the year ago quarter. Analysts are forecasting total revenue of $4.19 billion for the year, a rise of 8.8% from last year’s revenue of $3.85 billion.
Analyst Ratings: Analysts are bullish on this stock with nine analysts rating it as a buy, none rating it as a sell and none rating it as a hold.
The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 44% while it rose 8.2% in the fourth quarter of the last fiscal year and 50% in the third quarter of the last fiscal year.
Revenue has risen the past four quarters. Revenue increased 7.4% to $952 million in first quarter. The figure rose 2.6% in the fourth quarter of the last fiscal year from the year earlier, climbed 4.8% in the third quarter of the last fiscal year from the year-ago quarter and 4.7% in the second quarter of the last fiscal year.
Competitors to Watch: Marriott Intl., Inc. (NYSE:MAR), Royal Caribbean Cruises Ltd. (NYSE:RCL), Silverleaf Resorts, Inc. (NASDAQ:SVLF), Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT), Bluegreen Corporation (NYSE:BXG), Choice Hotels Intl., Inc. (NYSE:CHH).
Stock Price Performance: During June 22, 2011 to July 21, 2011, the stock price had risen $1.97 (6.1%) from $32.24 to $34.21. 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% (+$3.89) over that span. It saw one of its worst periods between November 4, 2010 and November 12, 2010 when shares fell for seven-straight days, falling 7.5% (-$2.24) over that span. Shares are up $4.53 (+15.3%) year to date.
(Source: Xignite Financials)