NYSE$WH
Wyndham Hotels & Resorts Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Wyndham's Q3 2022 results were reported with raised full-year outlook and increased share repurchase authorization.
Wyndham Hotels & Resorts reported strong Q3 2022 results, with global RevPAR growing by 12% and system-wide rooms increasing by 4%. The company raised its full-year 2022 outlook and increased its share repurchase authorization by $400 million.
- Global RevPAR increased by 12% compared to Q3 2021 in constant currency.
- System-wide rooms grew by 4% year-over-year, with 1% growth in the U.S. and 9% internationally.
- The development pipeline expanded by 10% year-over-year to 212,000 rooms.
- Hotel Franchising segment revenues grew by 9% year-over-year.
Headline financials
Revenue & EPS history
Wyndham · Revenue · Quarterly
$407M
Revenue by segment
Wyndham · $367M total across 1 segment · Q3 2022
- Hotel Franchising$367M+8.9%100.0%
Forward guidance
The Company is updating its outlook as follows: Year-over-year rooms growth~4%, Year-over-year global RevPAR growth 14 - 16%, Fee-related and other revenues $1.33 - $1.34 billion, Adjusted EBITDA $636 - $644 million, Adjusted net income $349 - $354 million, Adjusted diluted EPS $3.84 - $3.89, Free cash flow conversion rate ~55%
Tailwinds
- Year-over-year rooms growth ~4%
- Year-over-year global RevPAR growth 14 - 16%
- Fee-related and other revenues $1.33 - $1.34 billion
- Adjusted EBITDA $636 - $644 million
- Adjusted net income $349 - $354 million
Headwinds
- Free cash flow conversion rate ~55%
- Unpredictable amount of adjustments
- Potential adjustments may arise in the future during the forward-looking period
- Dependent on future events that may not be reliably predicted
- Excluded items could be material, individually or in the aggregate, to the reported results
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 Q3 2022
+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
| Quarter | Report date | Reaction (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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