For the quarter ended September 2023, Hyatt Hotels (H - Free Report) reported revenue of $1.62 billion, up 5.3% over the same period last year. EPS came in at $0.70, compared to $0.64 in the year-ago quarter.
The reported revenue represents a surprise of -0.08% over the Zacks Consensus Estimate of $1.62 billion. With the consensus EPS estimate being $0.60, the EPS surprise was +16.67%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hyatt Hotels performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Occupancy - Comparable systemwide hotels: 71.9% versus the three-analyst average estimate of 71.4%.
- ADR - Comparable systemwide hotels: $202.13 versus the three-analyst average estimate of $199.38.
- Net Package RevPAR - Apple Leisure Group (ALG): $188.90 versus the three-analyst average estimate of $203.64.
- RevPAR - Comparable systemwide hotels: $145.40 compared to the $142.16 average estimate based on three analysts.
- Occupancy - ASPAC full service: 72.3% versus the two-analyst average estimate of 68.9%.
- Distribution and destination management: $222 million versus $244.61 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -9% change.
- Revenues- Owned and Leased Hotels: $329 million compared to the $326.62 million average estimate based on seven analysts. The reported number represents a change of +6.5% year over year.
- Net management, franchise, and other fees: $238 million versus the six-analyst average estimate of $220.25 million.
- Other revenues: $79 million compared to the $72.63 million average estimate based on six analysts. The reported number represents a change of +16.2% year over year.
- Revenues for the reimbursement of costs incurred on behalf of managed and franchised properties: $754 million compared to the $765.97 million average estimate based on six analysts. The reported number represents a change of +7% year over year.
- Management and franchise fees: $250 million versus $242.51 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.
- Revenues- Contra: -$12 million compared to the -$11 million average estimate based on three analysts.
View all Key Company Metrics for Hyatt Hotels here>>>Shares of Hyatt Hotels have returned -0.2% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended September 2023, Hyatt Hotels (H - Free Report) reported revenue of $1.62 billion, up 5.3% over the same period last year. EPS came in at $0.70, compared to $0.64 in the year-ago quarter.
The reported revenue represents a surprise of -0.08% over the Zacks Consensus Estimate of $1.62 billion. With the consensus EPS estimate being $0.60, the EPS surprise was +16.67%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hyatt Hotels performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Occupancy - Comparable systemwide hotels: 71.9% versus the three-analyst average estimate of 71.4%.
- ADR - Comparable systemwide hotels: $202.13 versus the three-analyst average estimate of $199.38.
- Net Package RevPAR - Apple Leisure Group (ALG): $188.90 versus the three-analyst average estimate of $203.64.
- RevPAR - Comparable systemwide hotels: $145.40 compared to the $142.16 average estimate based on three analysts.
- Occupancy - ASPAC full service: 72.3% versus the two-analyst average estimate of 68.9%.
- Distribution and destination management: $222 million versus $244.61 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -9% change.
- Revenues- Owned and Leased Hotels: $329 million compared to the $326.62 million average estimate based on seven analysts. The reported number represents a change of +6.5% year over year.
- Net management, franchise, and other fees: $238 million versus the six-analyst average estimate of $220.25 million.
- Other revenues: $79 million compared to the $72.63 million average estimate based on six analysts. The reported number represents a change of +16.2% year over year.
- Revenues for the reimbursement of costs incurred on behalf of managed and franchised properties: $754 million compared to the $765.97 million average estimate based on six analysts. The reported number represents a change of +7% year over year.
- Management and franchise fees: $250 million versus $242.51 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.
- Revenues- Contra: -$12 million compared to the -$11 million average estimate based on three analysts.
View all Key Company Metrics for Hyatt Hotels here>>>Shares of Hyatt Hotels have returned -0.2% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
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