Wyndham Worldwide Corp. reported that third quarter net income dropped 27 percent to $104 million, or 57 cents a share, from $142 million, or 80 cents, a year earlier. Revenue declined 17 percent to $1.02 billion.
The company raised its forecast for full-year adjusted earnings before interest, taxes, depreciation and amortization to between $775 million and $825 million from its earlier forecast of between $760 million and $810 million. Revenue will be $3.5 billion to $3.9 billion.
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by Larry Etter
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