10.02.2015 12:49:41
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Wyndham Worldwide Q4 Profit Tops Estimates - Quick Facts
(RTTNews) - Wyndham Worldwide Corp. (WYN) reported fourth-quarter net income to shareholders of $81 million or $0.65 per share, compared to $86 million or $0.65 per share, prior year. Adjusted net income was $112 million, or $0.90 per share, for the quarter.
On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.84 for the quarter. Analysts' estimates typically exclude special items.
Net revenues increased to $1.23 billion from $1.20 billion last year. Analysts expected revenue of $1.23 billion for the quarter.
The company's Board authorized an increase in the quarterly cash dividend to $0.42 from $0.35 per share, beginning with the dividend that is expected to be declared in the first quarter of 2015.
For the full year 2015, the company expects revenues of approximately $5.45 billion to $5.55 billion from $5.40 billion - $5.50 billion. Adjusted EPS is expected to be in the range of approximately $4.75 - $4.90. Analysts expect the company to report fiscal 2015 earnings per share of $4.87 on revenue of $5.49 billion.
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