Wyndham Worldwide Q1 Profit Rises - Quick Facts

(RTTNews) - Wyndham Worldwide Corporation (WYN) reported first-quarter net income of $122 million or $1.00 per share, compared to $90 million or $0.69 per share, prior year. Adjusted earnings per share was $1.03, for the quarter.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.92 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased 6% to $1.26 billion from $1.19 billion last year. Analysts expected revenue of $1.24 billion for the quarter. In constant currency, revenues increased 9%.

For the full year 2015, the company reiterated guidance of revenues of approximately $5.45 - $5.55 billion. For the full year 2015, the company now expects adjusted EPS of approximately $4.81 - $4.96. Analysts expect the company to report fiscal 2015 earnings per share of $4.93 on revenue of $5.48 billion.