Hyatt Hotels Q2 Adjusted EPS $0.82 Misses $0.83 Estimate
Portfolio Pulse from Benzinga Newsdesk
Hyatt Hotels reported Q2 earnings of $0.82 per share, missing the analyst consensus estimate of $0.83 by 1.2 percent. However, this represents a 78.26 percent increase over earnings of $0.46 per share from the same period last year.
August 04, 2023 | 12:55 pm
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NEUTRAL IMPACT
Hyatt's Q2 earnings per share missed estimates by 1.2%, but showed a significant YoY increase of 78.26%.
While Hyatt's Q2 earnings per share missed the analyst consensus estimate, the significant YoY increase could be seen as a positive sign of recovery, potentially balancing out any negative impact from the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100