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Stock impact report

Travel + Leisure Co. Reports First Quarter 2024 Results [Yahoo! Finance]

Wyndham Hotels & Resorts, Inc. (WH) 
Last wyndham hotels & resorts, inc. earnings: 2/13 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
first quarter 2024 financial results for the three months ended March 31, 2024. Highlights and outlook include: Net income of $66 million, $0.92 diluted earnings per share, on net revenue of $916 million Adjusted EBITDA of $191 million and adjusted diluted earnings per share of $0.97 Expects second quarter adjusted EBITDA of $235 million to $245 million Reaffirms expectations for full year adjusted EBITDA of $910 million to $930 million Management will recommend a second quarter dividend of $0.50 per share for approval by the Board of Directors "We are off to a solid start for the year with a 15 percent increase in tours, 28 percent growth in new owner tours and volume per guest above $3,000," said Michael D. Brown, president and chief executive officer of Travel + Leisure Co. "We have an excellent team in place who are executing well against plans to grow the business. With owner room nights for the remainder of the year up 7 percent, we are looking forward to a strong Show less Read more
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