Hyatt Hotels Corp reports results for the quarter ended March 31 - Earnings Summary

• Hyatt Hotels Corp H.N reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 8 cents to 61 cents per share.

• Revenue rose 0.2% to $1.72 billion from a year ago; analysts expected $1.70 billion.

• Hyatt Hotels Corp's reported EPS for the quarter was 19 cents​.

• The company reported quarterly net income of $20 million.

• Hyatt Hotels Corp shares had fallen by 8.0% this quarter and lost 28.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 44.8% in the last three months.​

• In the last 30 days, nine analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 14 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the hotels, motels & cruise lines peer group is also "hold"

• Wall Street's median 12-month price target for Hyatt Hotels Corp is $145.00

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)