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Fly News Breaks for August 22, 2019
TREX, ACMR, WH, WSG, MINI
Aug 22, 2019 | 10:12 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Mobile Mini (MINI) initiated with a Buy at Stifel. 2. Wanda Sports (WSG) initiated with a Buy at Loop Capital. 3. Wyndham Hotels & Resorts (WH) initiated with an Outperform at Baird. 4. ACM Research (ACMR) initiated with a Buy at Stifel. 5. Trex Company (TREX) initiated with an Outperform at William Blair. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For MINI;WSG;WH;ACMR;TREX From the Last 2 Days
WH
Apr 24, 2024 | 16:22 EDT
Reports Q1 revenue $304M, consensus $308.26M. Global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to Q1 2023. "We're thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention and net room growth around the world," said CEO Geoff Ballotti. "Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8% increase. Our strong balance sheet and cash flow generation capabilities provide significant opportunity to continue to enhance returns to our shareholders over both the short and long-term, as evidenced by our Board of Directors' approval of a $400M increase in our share repurchase authorization."