Wednesday, Wyndham Worldwide Corp. (WYN) reported third-quarter net income of $104 million or $0.57 per share, compared to net income of $142 million or $0.80 per share in the same quarter last year.
On an adjusted basis, net income was $106 million or $0.58 per share, compared to adjusted net income of $148 million or $0.83 per share in the year ago quarter.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.56 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter were $1.01 billion, down 17% from $1.23 billion for the quarter. Analysts expected the company to report revenue of $1.00 billion for the quarter.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.