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Hyatt(H) - 2024 Q2 - Quarterly Report
2024-08-06 18:28
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34521 HYATT HOTELS CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 20-1480589 (State or ...
Hyatt Hotels Posts Q2 Profit Beat on RevPAR Gain
Investopedia· 2024-08-06 16:32
KEY TAKEAWAYSHyatt Hotels reported higher-than-expected second-quarter profit as revenue per available room (RevPAR) gained.Comparable system-wide hotels RevPAR increased 4.7% year-over-year, higher than expectations of a 4.0% gain from analysts polled by Visible Alpha.Earnings per share (EPS) of $3.46 easily surpassed analysts' estimates, but revenue of $1.7 billion missed and the company lowered the top end of its full-year RevPAR outlook. Hyatt Hotels (H) reported higher-than-expected second-quarter prof ...
Here's What Key Metrics Tell Us About Hyatt Hotels (H) Q2 Earnings
ZACKS· 2024-08-06 16:01
Hyatt Hotels (H) reported $1.7 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 0.1%. EPS of $1.53 for the same period compares to $0.82 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.76 billion, representing a surprise of -3.00%. The company delivered an EPS surprise of +61.05%, with the consensus EPS estimate being $0.95.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Hyatt (H) Q2 Earnings Beat, Revenues Lag Estimates, Stock Up
ZACKS· 2024-08-06 15:55
Hyatt Hotels Corporation (H) delivered second-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The company’s top line declined year over year.The timing of Easter, renovations at major resort properties and the lingering impact of the 2023 Maui wildfires affected the company's performance. Following the results, shares of this global hospitality company are up 2.7% in the pre-market trading session on Aug 6.Q2 Earnings & RevenuesHyatt reported adjusted e ...
Hyatt(H) - 2024 Q2 - Earnings Call Presentation
2024-08-06 15:24
Hyatt Investor Deck SECOND QUARTER 2024 T H E L E G E N D P A R A C A S R E S O R T N E W L Y O P E N E D Q 2 2 0 2 4 H Y A T T A N D R E L A T E D M A R K S A R E T R A D E M A R K S O F H Y A T T C O R P O R A T I O N O R I T S A F F I L I A T E S . © 2 0 2 4 H Y A T T C O R P O R A T I O N . A L L R I G H T S R E S E R V E D . Disclaimers Forward-Looking Statements Forward-Looking Statements in this presentation, which are not historical facts, are forward-looking statements within the meaning of the Pri ...
Hyatt Hotels (H) Q2 Earnings Surpass Estimates
ZACKS· 2024-08-06 13:06
Hyatt Hotels (H) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 61.05%. A quarter ago, it was expected that this hotel operator would post earnings of $0.73 per share when it actually produced earnings of $0.71, delivering a surprise of -2.74%.Over the last four quarters, the company ...
Hyatt(H) - 2024 Q2 - Quarterly Results
2024-08-06 11:00
Exhibit 99.1 HYATT REPORTS SECOND QUARTER 2024 RESULTS CHICAGO (August 6, 2024) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported second quarter 2024 results. Highlights include: • Comparable system-wide hotels RevPAR increased 4.7% compared to the same period in 2023 • Comparable system-wide all-inclusive resorts Net Package RevPAR increased 3.0% compared to the same period in 2023 • Net Rooms Growth was approximately 4.6% • Net Income was $359 million and Adjusted Net Income w ...
Exploring Analyst Estimates for Hyatt Hotels (H) Q2 Earnings, Beyond Revenue and EPS
ZACKS· 2024-08-02 14:21
In its upcoming report, Hyatt Hotels (H) is predicted by Wall Street analysts to post quarterly earnings of $1.29 per share, reflecting an increase of 57.3% compared to the same period last year. Revenues are forecasted to be $1.76 billion, representing a year-over-year increase of 3%.The current level reflects an upward revision of 4.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial proje ...
Hyatt (H) Gears Up to Report Q2 Earnings: Factors to Consider
ZACKS· 2024-08-01 16:41
Hyatt Hotels Corporation (H) is scheduled to report second-quarter 2024 results on Aug 6 before the opening bell.In the last quarter, the company’s adjusted earnings and revenues missed the Zacks Consensus Estimate by 2.7% and 0.4%, respectively.H’s earnings topped the consensus mark in two of the trailing four quarters and missed on the remaining two occasions, the average surprise being 20.3%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for second-quarter adjusted earnings per share (EPS) ha ...
The 3 Best Hotel Stocks to Buy Now: July 2024
Investor Place· 2024-07-25 10:14
Finding the best hotel stocks to buy can be a strategic move with the travel and tourism sector experiencing a significant rebound in 2024. Strong U.S. consumer spending trends in the first half of the year continue to fill the pent-up demand for both business and leisure travel. UN Tourism, an entity of the United Nations, forecasts international travel to reach pre-pandemic levels this year. A persistent recovery in Asia and the Middle East contributed to tourism reaching 97% of pre-pandemic levels in the ...