Hyatt Hotels Q1 2024 Sales $1.714B Beat $1.707B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hyatt Hotels reported Q1 2024 sales of $1.714 billion, surpassing the analyst consensus estimate of $1.707 billion by 0.40% and marking a 2.02% increase from the same period last year.
May 09, 2024 | 11:08 am
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Hyatt Hotels exceeded Q1 2024 sales estimates, reporting $1.714 billion against a forecast of $1.707 billion, a 2.02% increase year-over-year.
Beating sales estimates and showing year-over-year growth is a positive indicator for investors, likely leading to a positive short-term impact on Hyatt's stock price. The slight beat and growth demonstrate Hyatt's resilience and potential for continued success, making it an attractive asset for investors.
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