Wyndham Worldwide Shares Jump 9% After Earnings Beat

Shares of Wyndham Worldwide (WYN) jumped almost 9% on Tuesday, making it TheStreet's move of the day.
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Shares of Wyndham Worldwide (WYN) jumped almost 9% on Tuesday, making it TheStreet's move of the day. The hospitality giant posted better-than-expected earnings of $0.90 per share, compared to estimates of $0.84. As for revenues, Wall Street was looking for $1.23 billion - the company reported sales of $1.2 billion, a 3% increase year-over-year. Wyndham also repurchased 2.1 million shares of common stock valued at $171 million during the fourth quarter. It even announced a 20% spike in its quarterly dividend. As for the company's outlook, it expects adjusted EPS of $4.75 to $4.90 on revenues of $5.45-$5.55 billion. Wyndham forecasts a $25 million impact on EBITDA guidance for 2015 based on FX headwinds, especially as the dollar continues to strengthen. TheStreet's Scott Gamm reports from New York.