Hyatt Hotels Q2 EPS $0.82 Misses $0.83 Estimate, Sales $1.71B Beat $1.65B 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, the company's quarterly sales of $1.71 billion beat the estimate of $1.65 billion by 3.33 percent.
August 04, 2023 | 1:01 pm
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Hyatt Hotels' Q2 earnings per share missed the estimate by 1.2 percent, but sales exceeded the estimate by 3.33 percent.
While Hyatt's earnings per share missed the estimate, the company's sales exceeded expectations. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100