Hyatt Hotels Earnings Review: Q3 Summary

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

Here's a breakdown of the earnings report.

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.

Performance in Previous Earnings

During the previous quarter, the company beat on EPS by $0.36, leading to a 1.0% drop share price change the next 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

Peer Performance in Recent Earnings

With Hyatt Hotels's earnings data in hand, it's essential to compare its metrics to those of similar companies, including Norwegian Cruise Line, Viking Holdings, and Global Business Travel.

Norwegian Cruise Line, earnings revealed on October 31, 2024, ...