Playa Hotels & Resorts (PLYA) Q1 Earnings Lag Estimates

Core Insights - Playa Hotels & Resorts reported quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.41 per share, and down from $0.40 per share a year ago [1] - The company posted revenues of $267.29 million for the quarter, surpassing the Zacks Consensus Estimate by 0.84%, but down from $300.64 million year-over-year [3] Earnings Performance - The earnings surprise for the quarter was -9.76%, while the previous quarter saw a positive surprise of 100% [2] - Over the last four quarters, Playa Hotels has surpassed consensus EPS estimates three times [2] Revenue Insights - The company has topped consensus revenue estimates four times over the last four quarters [3] - Current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $222.13 million, and for the current fiscal year, it is $0.49 on revenues of $868.35 million [8] Market Performance - Playa Hotels shares have increased by approximately 6.2% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Hotels and Motels industry is currently in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [9] - H World Group, another company in the same industry, is expected to report quarterly earnings of $0.42 per share, reflecting a year-over-year increase of +44.8% [10]