Hyatt (H) Q2 Earnings Beat, Revenues Lag Estimates, Stock Up
Hyatt(H) 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 ...