Hyatt Hotels (H) Posts Q1 EPS of $0.73, Adj-EBITDA Grew 18%; Announces $500M Buyback

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Hyatt Reports First Quarter 2017 Results

May 4, 2017 7:33 AM EDT

Comparable U.S. and Systemwide RevPAR Increased 4.8% and 4.7%, Respectively

Company Announces $500 Million Share Repurchase Authorization

CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported first quarter 2017 financial results. Net income attributable to Hyatt was $70 million, or $0.54 per diluted share, in the first quarter of 2017, compared to $34 million, or $0.25 per diluted share, in the first quarter of 2016. Adjusted net income attributable to Hyatt was $95 million, or $0.73 per diluted share, in the first quarter of 2017, compared to $34 million, or $0.25... More