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Hyatt Hotels Corporation Beats Earnings Estimates, Misses Revenue Consensus

Earnings Whispers +2 · ·by G4L

H
H Hyatt Hotels Corp
$187.70 +0.26%
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  1. 1Hyatt Hotels Corporation exceeded earnings expectations with a year-over-year earnings growth rate of 523.3%.
  2. 2Hyatt Hotels Corporation revenue of $1.743 billion for the quarter missed the consensus by 1.5%.
  3. 3Management explained that the strength in the U.S. market was due to the FIFA World Cup and the Jewish holiday season.

So what's the key point?

Hyatt Hotels Corporation earned much more money than experts expected. However, revenue was 1.5% lower than expected, resulting in mixed earnings and revenue results.

Source Earnings Whispers +2 · View original ↗

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