Hyatt Hotels (NYSE:H) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:55 AM.
Here’s what investors need to know about the announcement.
Earnings
Hyatt Hotels missed estimated earnings by 14.58%, reporting an EPS of $0.41 versus an estimate of $0.48.
Revenue was up $401.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $2.22 which was followed by a 2.78% drop in the share price the next day.
Here’s a look at Hyatt Hotels’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.33 | 0.28 | 0.01 | -0.36 |
| EPS Actual | 0.41 | 2.55 | 0.64 | 0.46 | -0.33 |
| Revenue Estimate | 1.58B | 1.52B | 1.45B | 1.35B | 1.10B |
| Revenue Actual | 1.68B | 1.59B | 1.54B | 1.48B | 1.28B |
To track all earnings releases for Hyatt Hotels visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
