Hyatt Hotels (H) Set to Announce Quarterly Earnings on Wednesday
Hyatt Hotels (NYSE:H) will issue its Q114 quarterly earnings data on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $1.06 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
Hyatt Hotels (NYSE:H) last issued its quarterly earnings data on Friday, February 14th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. On average, analysts expect Hyatt Hotels to post $1.07 EPS for the current fiscal year and $1.38 EPS for the next fiscal year.
Hyatt Hotels (NYSE:H) opened at 53.24 on Tuesday. Hyatt Hotels has a 52-week low of $37.74 and a 52-week high of $55.59. The stock has a 50-day moving average of $53.7 and a 200-day moving average of $49.98. The company has a market cap of $8.301 billion and a price-to-earnings ratio of 41.48.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “hold” rating on shares of Hyatt Hotels in a research note on Monday, April 14th. They now have a $62.00 price target on the stock, up previously from $55.00. On the ratings front, analysts at FBR Capital Markets raised their price target on shares of Hyatt Hotels from $55.00 to $62.00 in a research note on Monday, April 14th. They now have an “outperform” rating on the stock. Finally, analysts at Bank of America raised their price target on shares of Hyatt Hotels to $60.00 in a research note on Monday, March 17th. They now have a “buy” rating on the stock. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $56.43.
Hyatt Hotels Corporation (NYSE:H) is a global hospitality company.
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