WYND - Wyndham Destinations updates outlook ahead of conference presentation

Wyndham Destinations (WYND) reaffirms parts of its Q4 outlook ahead of a presentation today at the Barclays Eat, Sleep, Play Conference.The company says gross vacation ownership interest sales were estimated to be $195M in October and $110M in November. Wyndham expects tours to be down 60% year-over-year and gross VOI sales to be 45% lower Y/Y. VPGs are anticipated to remain at 30% above last year's level. Wyndham continues to expect positive adjusted free cash flow for the full year. Wyndham execs give their full presentation at 11:20 a.m. Shares of Wyndham are up 1.07% premarket to $42.51.See consensus estimates on WYND.

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Wyndham Destinations updates outlook ahead of conference presentation