Wyndham hotels & resorts posts quarterly earnings per share of $0.23

Wyndham hotels & resorts reports first quarter 2020 results.q1 adjusted earnings per share $0.50.q1 earnings per share $0.23.q1 revenue $410 million versus refinitiv ibes estimate of $387.2 million.q1 earnings per share estimate $0.36 -- refinitiv ibes data.qtrly system-wide rooms grew 2% year-over-year.qtrly global revpar declined 23% year-over-year in constant currency.company recorded a restructuring charge of $13 million during q1.expects to incur an additional charge of $18 million during q2 of 2020.in response to effects on travel demand as a result of covid-19 company has eliminated approximately 440 positions.
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