Benzinga | Oct 28, 2020 07:46AM EDT

Recap: Wyndham Destinations Q3 Earnings



Shares of Wyndham Destinations (NYSE:WYND) moved higher by 2.0% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 47.13% over the past year to $0.83, which beat the estimate of $0.40.

Revenue of $614,000,000 declined by 44.43% year over year, which missed the estimate of $631,430,000.

Outlook

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

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

Conference Call Details

Date: Oct 28, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/wcc/r/2628909/95C9CD2DCA0304DAFA5736D3A8F20A7E

Recent Stock Performance

52-week high: $53.13

52-week low: $13.74

Price action over last quarter: Up 28.76%

Company Overview

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.