Wyndham hotels & resorts reports q2 loss per share $1.86

Wyndham hotels & resorts reports second quarter 2020 results.q2 adjusted earnings per share $0.10.q2 loss per share $1.86.q2 revenue $258 million versus refinitiv ibes estimate of $251.7 million.q2 earnings per share estimate $-0.05 -- refinitiv ibes data.qtrly global comparable revpar declined 54% year-over-year.recorded a net impairment charge of $206 million during q2 of 2020.recorded a net impairment charge of $206 million during q2 of 2020 primarily related to la quinta tradename.future cash flows expected to be generated from la quinta tradename have not changed materially.has now reduced about 440 positions and expects to realize $50 million to $55 million of annual savings.ability to assess impact of covid-19 on full-year financial results continues to be limited.
WH Ratings Summary
WH Quant Ranking