Hyatt Reports Second Quarter 2016 Results

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Hyatt Hotels (H) Tops Q2 EPS by 17c

August 2, 2016 7:33 AM EDT

Hyatt Hotels (NYSE: H) reported Q2 EPS of $0.64, $0.17 better than the analyst estimate of $0.47.

Mark S. Hoplamazian, president and chief executive officer of Hyatt Hotels Corporation, said, "We reported solid second quarter results while continuing to execute our long-term growth strategy. Adjusted EBITDA grew 9.7% in the quarter, excluding the impact of foreign currency translation and transactions. Our outlook for the overall business remains positive despite some... More