Hyatt Hotels (NYSE: H) reported Q2 EPS of $0.52, $0.17 better than the analyst estimate of $0.35.

The Company is revising the following information for the 2017 fiscal year:

• Comparable systemwide RevPAR is expected to increase approximately 1% to 3%, as compared to fiscal year 2016. The Company\'s previous expectation was 0% to 2%.
• Net income is expected to be approximately $173 million to $201 million, compared to the previous expectation of $123 million to $159 million.
• Adjusted EBITDA is expected to be approximately $795 million to $815 million, compared to the previous expectation of $769 million to $804 million. These estimates reflect a $10 million reduction related to hotel dispositions in the second quarter of 2017. These estimates also include a negative impact from foreign currency of approximately $10 million (low end of the forecast) to $5 million (high end of the forecast), compared to the previous expectation of $15 million to $10 million. Refer to the table on page 3 of the schedules for a reconciliation of the Company\'s forecast for Net Income attributable to Hyatt to Adjusted EBITDA, a non-GAAP measure.
• Capital expenditures are expected to be approximately $350 million, compared to the previous expectation of $375 million. The decrease is attributable to recent hotel dispositions and a reduction in corporate development projects.
• Depreciation and amortization expense is expected to be approximately $362 million to $366 million, compared to the previous expectation of $376 million to $380 million.
• Interest expense is expected to be approximately $80 million, compared to the previous expectation of $83 million.

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