Wyndham Worldwide Corp. Reaffirms FY 2012 Revenue And EBITDA Guidance; Raises FY 2012 EPS Guidance; Announces Increase In Quarterly Cash Dividend

Wyndham Worldwide Corp. announced that for fiscal 2012, it expects revenue of approximately $4.4-$4.6 billion, adjusted EBITDA of approximately $1.030-$1.055 billion and earnings per share (EPS) in the range of $2.85-$3.00, up from $2.72-$2.82. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $4.46 billion, EBITDA of $1.04 billion and EPS of $2.85 for fiscal 2012. The Company also announced that its Board of Directors authorized an increase in the quarterly cash dividend to $0.23 from $0.15 per share, beginning with the dividend that is expected to be declared in the first quarter of 2012.