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Hyatt Hotels (H) Reports Next Week: Wall Street Expects Earnings Growth
HHyatt(H) ZACKS·2024-10-24 15:06

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Hyatt Hotels, with a focus on how actual results compare to estimates, which could significantly impact stock price [1] Earnings Expectations - Hyatt Hotels is expected to report quarterly earnings of 0.90pershare,reflectingayearoveryearincreaseof+28.60.90 per share, reflecting a year-over-year increase of +28.6% [2] - Revenues are projected to be 1.64 billion, representing a 1% increase from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate has been revised down by 2.23% over the last 30 days, indicating a bearish sentiment among analysts [3] - The Most Accurate Estimate for Hyatt is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -10.18% [6] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [5] - Hyatt currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [6] Historical Performance - In the last reported quarter, Hyatt Hotels exceeded expectations by posting earnings of 1.53pershareagainstanexpected1.53 per share against an expected 0.95, resulting in a surprise of +61.05% [7] - Over the past four quarters, Hyatt has beaten consensus EPS estimates three times [7] Market Sentiment - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment [8] - Despite not appearing as a compelling earnings-beat candidate, monitoring other factors is essential for investment decisions regarding Hyatt ahead of its earnings release [8]