GuidanceAnalysts are looking for a profit of 46c on revenue of $1.07B. The consensus is 44c to 47c for EPS, and revenue of $1.10B to $1.05B, according to First Call. In December, the company said it expects 2007 EPS of $2.02 to $2.13 on revenue of $4.34B to $4.45B vs. First Call consensus of $2.11 and $4.39B. Also, it sees 2008 EPS of $2.23 to $2.38 on revenue of $4.8B to $4.9B vs. First Call consensus of $2.31 and $4.85B. Wyndham said it expects Q1 EPS of 30c to 35c vs. First Call consensus of 34c.
While the lodging sector has enjoyed steady growth on demand, and limited construction of new hotels, growth rates have now slowed due to the softening U.S. economy and increased hotel supply. Wyndham believes it is well positioned because of its businesses that appeal to retirement-age Americans who have more time and money to spend on hotel rooms. The company expects its bargain hotel chains to be more stable during an economic downturn, as travelers look to save money.