Hyatt Reports Third Quarter 2015 Results

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Hyatt Hotels (H) Tops Q3 EPS by 4c

November 3, 2015 7:32 AM EST

Hyatt Hotels (NYSE: H) reported Q3 EPS of $0.30, $0.04 better than the analyst estimate of $0.26.

Third quarter 2015 financial results are as follows:

Adjusted EBITDA was $172 million in the third quarter of 2015 compared to $179 million in the third quarter of 2014, a decrease of 3.9%. Adjusted EBITDA in the third quarter of 2015 was negatively impacted by $17 million due to net dispositions and $7 million due to net unfavorable currency impacts, compared to the third quarter of 2014.Adjusted for special items, net income attributable to Hyatt was $42 million, or $0.30 per share, during the third quarter of 2015... More