NYSE$WH

Wyndham Hotels & Resorts Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Wyndham's Q2 2020 earnings were impacted by COVID-19, but the company generated positive adjusted EBITDA through cost-saving initiatives and a resilient franchise business model.

Wyndham Hotels & Resorts reported a net loss of $174 million for Q2 2020, with revenues declining to $258 million compared to $533 million in Q2 2019. Despite these challenges, the company generated positive adjusted EBITDA of $63 million, driven by its franchise business model and cost savings initiatives. Global comparable RevPAR declined 54% year-over-year.

  • Diluted loss per share was $1.86, and adjusted diluted earnings per share was $0.10.
  • Net loss was $174 million for the second quarter and adjusted net income was $9 million.
  • Adjusted EBITDA was $63 million.
  • Global comparable RevPAR declined 54% year-over-year.

Headline financials

Total Revenue

$258M

Previous: $533M-51.6%
EPS (adj)

$0.10

Previous: $0.84-88.1%
Global RevPAR

$17.31

No prior period
Global Rooms

813.0K

No prior period
Capital Expenditures

-$18M

Previous: -$25M+28.0%
Free Cash Flow

-$192M

Previous: $1M-19300.0%
Net Income

-$174M

Previous: $26M-769.2%
Operating Income

-$194M

Previous: $62M-412.9%
Gross Profit

-$194M

Previous: $62M-412.9%
Cash & Equivalents

$664M

Previous: $107M+520.6%
Total Assets

$4.85B

Previous: $4.66B+4.1%
Stock-Based Comp

$6M

Previous: $8M-25.0%

Revenue & EPS history

Wyndham · Revenue · Quarterly

$258M

Q2 2020-51.6%vs Q2 2019
Beat estimate in 11 of 12 quarters(92%)
ActualEstimate

Revenue by segment

Wyndham · $182M total across 1 segment · Q2 2020

  • Hotel Franchising
    $182M

Forward guidance

The Company's ability to assess the impact of COVID-19 on its full-year financial results continues to be limited due to the uncertainty in travel demand during the remainder of 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2020

Historical avgQ2 2020

+0.7%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-1.0%

Avg return

30 days after

46%

17 / 37 earnings

Positive

+8.8%

Q3 2018

Best reaction

-5.5%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.1%-4.4%-4.5%
Q4 2025+5.6%+5.1%-5.0%
Q3 2025-5.5%-10.0%-9.5%
Q2 2025-1.0%-2.6%-3.3%
Q1 2025+0.1%-2.2%-3.0%
Q4 2024-1.6%+2.1%-17.5%
Q3 2024+8.0%+7.1%+16.0%
Q2 2024+3.4%+4.1%+4.8%
Q1 2024+5.4%+3.9%-1.6%
Q4 2023+1.2%+0.1%-0.3%
Q3 2023-2.5%-3.4%+5.3%
Q2 2023+2.0%+5.0%-1.2%
Q1 2023-1.5%+2.0%+3.9%
Q4 2022-2.0%-2.2%-15.9%
Q3 2022+4.4%+7.9%+3.0%
Q2 2022-1.8%-1.6%-1.0%
Q1 2022-1.0%-1.4%-11.8%
Q4 2021+4.5%+1.6%-1.7%
Q3 2021+5.7%+4.3%+0.8%
Q2 2021+3.7%+0.4%+3.9%
Q1 2021-0.1%-2.1%+0.9%
Q4 2020-2.6%-3.7%+10.6%
Q3 2020-2.2%+0.6%+21.1%
Q2 2020-1.5%-5.1%+13.6%
Q1 2020+6.5%+20.3%+37.6%
Q4 2016-1.6%-2.3%-34.7%
Q4 2019-1.6%-2.3%-34.7%
Q3 2019+0.7%+3.1%+9.7%
Q2 2019-4.7%-2.8%-16.2%
Q1 2019+2.5%+2.4%-2.8%
Q4 2018-0.3%+1.3%+0.1%
Q3 2017+8.8%+9.2%+10.7%
Q3 2018+8.8%+9.2%+10.7%
Q2 2017+0.2%-7.4%-8.9%
Q2 2018-2.0%+0.4%-3.1%
Q1 2018-3.8%-1.7%-6.7%
Q4 2017-3.8%-1.7%-6.7%
Q1 2017

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