Hyatt Hotels Earnings Analysis: Q3 Recap

Hyatt Hotels (NYSE:H) reported its Q3 earnings results on Thursday, October 31, 2024 at 06:55 AM.

Here's what investors need to know about the announcement.

Earnings

Hyatt Hotels missed estimated earnings by -32.0%, reporting an EPS of $0.94 versus an estimate of $1.38.

Revenue was up $7.00 million from the same period last year.

Historical Earnings Summary

The company beat on EPS by $0.36 in the last quarter, resulting in a 1.0% drop share price change the following day.

Here's a look at Hyatt Hotels's past performance:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.38

1.17

0.92

0.39

0.62

EPS Actual

0.94

1.53

0.71

0.64

0.70

Revenue Estimate

1.57B

1.74B

1.71B

1.60B

1.64B

Revenue Actual

1.63B

1.70B

1.71B

1.66B

1.62B

Analysis of Competitors' Earnings Trends

When analyzing Hyatt Hotels's numbers, it's imperative to put them into context by comparing them to those of its competitors, like Norwegian Cruise Line, Viking Holdings, and Global Business Travel.

The latest earnings announcement from Norwegian Cruise Line ...