Wyndham Worldwide will release second-quarter figures on Wednesday before the bell. Shares of the hospitality services company are up 46 percent in the past year, compared to a 20 percent gain for the S&P 500.
Based on the last seven earnings reports, LIM's EarningsEdge, a Morningstar company, indicates that Wyndham Worldwide has shown a strong bullish edge that peaks 27 trading days before the announcement and a strong bullish edge that peaks 2 trading days after earnings are released.
The current consensus First Call EPS estimate stands at $0.56 versus a gain of $0.51, while revenue is expected to come in at $1.05 billion, compared to $963 million during the same period last year.
What follows are some facts and figures on how the company's shares traded in the most recent earnings reports.
Missed revenue estimates in the past 3 quarters, beat the prior 5
Beat EPS estimates for 8 consecutive quarters
Beat annual EPS estimates for 5 consecutive years
Dollar impact: In 2010, 74 percent of revenue derived from the United States, while 26 percent was international
Wyndham Worldwide shares closed at a four-year high of $35.4 on July 7, 2011
- Short-interest as a percent of float stands at 2.6 percent
According to Thomson Reuters estimates, the mean price target among 11 financial analysts is $41.73
Competitors' Performance so far in 2011:
- Hyatt Hotels -11 percent
- Intercontinental Hotels +5 percent
- Starwood Hotels -6 percent
- Marriot International -17 percent
Wyndham Worldwide shares are up +14 percent.
Stock Performance By The Numbers
- In the past 8 quarters, Wyndham Worldwide shares rose 2.23 percent, on average, two days after the company reported its quarterly results
S&P Consumer Discretionary Sector:
- Third best performing sector so far in 2011, up 9 percent
- Wyndham Worldwide is the thirty-sixth best performing stock in this sector year-to-date
Source: CNBC Analytics, LIM and Thomson Reuters
For more information visit Earnings Central
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