- Wyndham Worldwide (NYSE:WYN) reports revenue rose 1% in Q2 on a constant currency basis and excluding acquisitions.
- Service and membership fees grew 1.4% to $632M.
- Segment revenue: Hotel Group: $334M (flat); Destination Network: $384M (flat, +1% on a constant currency basis ); Vacation Ownership: $705M (+1%).
- Domestic REVPAR increased 2% Y/Y.
- Adjusted EBITDA increased 2.4% to $340M.
- FY2016 Guidance: Revenues: ~$5.65B to $5.8B; Adjusted EBITDA: $1.375B to $1.4B; Adjusted net income: ~$635M to $650M; Adjusted EPS: ~$5.68 to $5.82; Diluted share count: 112M.
- WYN -1.22% premarket.