Friedman Billings raised Wyndham Worldwide Corporation To Outperform
By Benzinga Staff
October 29, 2009 5:32 AM
October 29, 2009 5:32 AM
Symbols: WYN
Posted in: Upgrades, Analyst Ratings
Friedman Billings raised Wyndham Worldwide Corporation (NYSE: WYN) from Market Perform to Outperform.
Yesterday, Wyndham reported earnings of $0.58 per share, $0.02 better than the First Call consensus of $0.56. WYN revenues were $1.02 billion vs the $1 billion consensus.
Wyndham issued upside guidance for Q4, sees EPS of $0.35-0.38 vs $0.32 consensus.
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