Hyatt Hotels (H) Misses Q1 EPS by 8c

Hyatt Hotels (NYSE: H) reported Q1 EPS of $0.11, $0.08 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.03 billion.

• Comparable owned and leased hotels RevPAR increased 3.8% (6.5% excluding the effect of currency) in the first quarter of 2015 compared to the first quarter of 2014.
• Comparable owned and leased hotels operating margins increased 50 basis points in the first quarter of 2015 compared to the first quarter of 2014. Owned and leased hotels operating margins increased 30 basis points in the first quarter of 2015 compared to the first quarter of 2014.
• Comparable systemwide RevPAR increased 4.6% (7.4% excluding the effect of currency) in the first quarter of 2015 compared to the first quarter of 2014.
• Comparable U.S. full service hotel RevPAR increased 8.4% in the first quarter of 2015 compared to the first quarter of 2014. Comparable U.S. select service hotel RevPAR increased 10.1% in the first quarter of 2015 compared to the first quarter of 2014.

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

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