Hyatt(H) ZACKS·2024-10-29 14:21Core Viewpoint - Analysts project that Hyatt Hotels will report quarterly earnings of 1.64 billion, a 1% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 2.2% in the past 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Revenues- Owned and Leased Hotels' will be 222.32 million, indicating a slight increase of 0.1% from the prior year [5]. - 'Other revenues' are expected to reach 280.24 million, an increase of 12.1% year-over-year [6]. Key Metrics - Total owned and leased hotels are projected to be 10,540, down from 13,305 in the previous year [6]. - Worldwide Hyatt brand properties are estimated to have 330,145 rooms, compared to 313,257 in the same quarter last year [6]. - RevPAR for comparable systemwide hotels is expected to reach 145.40 in the same quarter last year [7]. - ADR for comparable systemwide hotels is projected at 202.13 a year ago [7]. - Occupancy for comparable systemwide hotels is estimated at 73.0%, up from 71.9% in the same quarter last year [8]. - RevPAR for comparable owned and leased hotels is expected to be 194.07 a year ago [8]. - Total properties owned and leased are estimated at 30, down from 34 in the same quarter last year [9]. - ADR for comparable owned and leased hotels is projected at 265.44 a year ago [9]. Stock Performance - Shares of Hyatt Hotels have returned +2.9% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [9].