Friday 25 April 2014

Wyndham Worldwide Reports First Quarter 2014 Earnings

wyndham worldwideWyndham Worldwide Corporation (NYSE:WYN) today announced results for the three months ended March 31, 2014.

First Quarter Highlights:
  • Adjusted diluted earnings per share (EPS) was $0.78, an increase of 10% from adjusted diluted EPS of $0.71 in the first quarter of 2013.  Reported diluted EPS was $0.69, compared with $0.19 in the first quarter of 2013.
  • Domestic RevPAR up 7.6%.
  • Net Vacation Ownership Interest sales up 15%.
  • The Company repurchased 2.1 million shares of its common stock for $150 million.

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