Hyatt Reports First-Quarter 2021 Results

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Hyatt Hotels (H) Posts Wider Q1 Loss

May 4, 2021 4:39 PM EDT

Hyatt Hotels (NYSE: H) reported Q1 EPS of ($3.57), $2.27 worse than the analyst estimate of ($1.30).

Net losses increased compared to the first quarter of 2020 to a net loss of $304 million. The net loss included a $193 million non-cash full valuation allowance on U.S. deferred income tax assets.Adjusted... More