Hyatt Reports Second-Quarter 2018 Results
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Hyatt Hotels (H) PT Lowered to $83 at Deutsche Bank
August 2, 2018 8:31 AM EDTDeutsche Bank lowered its price target on Hyatt Hotels (NYSE: H) to $83.00 (from $87.00) while maintaining a Hold rating.
Analyst Carlo Santarelli commented, "Best in Class Unit Growth; H Likely to Remain Nimble on Strategic Investments. H expects unit growth of 7.5% in... More
Hyatt Hotels (H) Tops Q2 EPS by 24c; Raises Outlook
July 31, 2018 4:25 PM EDTHyatt Hotels (NYSE: H) reported Q2 EPS of $0.72, $0.24 better than the analyst estimate of $0.48.
The Company is revising the following information for the 2018 fiscal year:
Net income is expected to be approximately $508 million to $550 million, compared to previous expectation of $495 million to $553 million.Adjusted EBITDA is expected to be approximately $775 million to $785 million, compared to previous expectation of approximately $765 million to $785 million. These estimates include a favorable impact... More