Hyatt Hotels Q3 Earnings Assessment

The Q3 earnings report for Hyatt Hotels (NYSE:H) was released on Thursday, October 31, 2024 at 06:55 AM.

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

Performance in Previous Earnings

The company beat on EPS by $0.36 in the previous quarter, 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 now available, it's crucial to gauge how its competitors, including Norwegian Cruise Line, Viking Holdings, and Global Business Travel, have been performing.

Norwegian ...