Recap: Wyndham Destinations Q2 Earnings

Shares of Wyndham Destinations WYND were flat in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 176.55% year over year to ($1.11), which missed the estimate of ($0.84).

Revenue of $343,000,000 declined by 66.99% year over year, which missed the estimate of $346,260,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 30, 2020

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.wyndhamdestinations.com%2Fnews-and-presentations%2Fpresentations-and-events%2Fdefault.aspx&eventid=2396399&sessionid=1&key=C3AC77CCB26E90DDA1D2D0110F5CD198&regTag=&sourcepage=register

Recent Stock Performance

52-week high: $53.13

Company's 52-week low was at $13.74

Price action over last quarter: Up 27.07%

Company Profile

Wyndham Destinations Inc the hotel company. The company's reportable segments are Vacation Ownership and Vacation Exchange segment. The Vacation Ownership segment develops, markets and sells vacation ownership interests (VOIs) to individual consumers and provides consumer financing in connection with the sale of VOIs and offers property management services at resorts. The Vacation Exchange segment provides vacation exchange services and products to owners of VOIs and manages and markets vacation rental properties on behalf of independent owners. The firm generates a majority of its revenue from the Vacation Ownership business segment.