Playa Hotels & Resorts (PLYA) Tops Q3 EPS by 1c

Playa Hotels & Resorts (NASDAQ: PLYA) reported Q3 EPS of ($0.05), $0.01 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $118.34 million versus the consensus estimate of $111.25 million.

• Net Loss was $5.7 million compared to a Net Loss of $1.6 million over the comparable 2016 period
• Comparable Net Package RevPAR(1) increased 5.9% over the comparable 2016 period to $181.65
• Total Net Package RevPAR increased 2.0% over the comparable 2016 period to $174.97, driven by Net Package ADR growth of 6.0%
• Resort EBITDA decreased 6.0% over the comparable 2016 period to $31.9 million
• Resort EBITDA Margin decreased 2.7 percentage points over the comparable 2016 period to 27.8%
• Adjusted EBITDA decreased 5.0% over the comparable 2016 period to $24.3 million

For earnings history and earnings-related data on Playa Hotels & Resorts (PLYA) click here.

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