Hyatt Hotels: Q3 Earnings Snapshot
By AP News
Published - Oct 31, 2024, 07:04 AM ET
Last Updated - Dec 16, 2024, 05:48 PM EST
CHICAGO (AP) — CHICAGO (AP) — Hyatt Hotels Corp. (H) on Thursday reported third-quarter earnings of $471 million.
On a per-share basis, the Chicago-based company said it had net income of $4.63. Earnings, adjusted for non-recurring gains, came to 94 cents per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.
The hotel operator posted revenue of $1.63 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $1.64 billion.
