Hyatt Hotels Corp reports results for the quarter ended June 30 - Earnings Summary

• Hyatt Hotels Corp H.N reported quarterly adjusted earnings of 68 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.53. The mean expectation of seventeen analysts for the quarter was for earnings of 60 cents per share. Wall Street expected results to range from -4 cents to 86 cents per share.

• Revenue rose 6.2% to $1.81 billion from a year ago; analysts expected $1.73 billion.

• Hyatt Hotels Corp's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $3 million.

• Hyatt Hotels Corp shares had fallen by 2.6% this quarter and lost 13.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.7% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell." The average consensus recommendation for the hotels, motels & cruise lines peer group is also "buy"

• Wall Street's median 12-month price target for Hyatt Hotels Corp is $150.00, about 9.3% above its last closing price of $136.05

This summary was machine generated from LSEG data August 7 at 05:17 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)