Wyndham reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Wyndham announced earnings per share of $-0.98 on revenue of $558M. Analysts polled by anticipated EPS of $0.59 on revenue of $775.02M. That with comparison to EPS of $1.03 on revenue of $918M in the same period a year before. Wyndham had reported EPS of $1.58 on revenue of $981M in the previous quarter. Analysts are expecting EPS of $0.25 and revenue of $548.73M in the upcoming quarter.
Wyndham shares are down 53.96% from the beginning of the year , still down 55.20% from its 52 week high of $53.13 set on January 17. They are under-performing the EUR/USD which is down 0% year to date.
Wyndham follows other major Services sector earnings this month
Wyndham's report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.
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