Hyatt Hotels (H) Tops Q4 EPS by 1c

Hyatt Hotels (NYSE: H) reported Q4 EPS of $0.23, $0.01 better than the analyst estimate of $0.22.

• Adjusted net income attributable to Hyatt was $29 million, or $0.23 per diluted share, in the fourth quarter of 2017
• Net income increased 87.4% to $76 million.
• Adjusted EBITDA increased 4.0% to $179 million, up 3.0% in constant currency.
• Comparable systemwide RevPAR increased 3.8%, including an increase of 4.1% at comparable owned and leased hotels. Excluding the benefit from the timing of the Jewish holiday, comparable systemwide RevPAR increased 3.2%, and comparable owned and leased hotels RevPAR increased 3.0%.
• Comparable U.S. hotel RevPAR increased 3.0%; full service and select service hotel RevPAR increased 2.9% and 3.2%, respectively.
• Comparable owned and leased hotels operating margin increased 150 basis points to 23.7%.
• Adjusted EBITDA margin decreased 20 basis points to 26.7%.

For earnings history and earnings-related data on Hyatt Hotels (H) click here.

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