Wednesday, July 28, 2010

Business Travel Bolsters Wyndham

Wyndham Worldwide reported better-than-expected results Wednesday with net income of $95 million, or 51 cents per share, versus $71 million, or 39 cents per share a year ago. The results, which exclude a one-time charge of $1 million from an acquisition of the Tryp hotel brand, exceeded the company's anticipated EPS of 38 cents to 42 cents for the second quarter. Revenues totaled $963, up from $920 last year.

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