Credit Suisse Downgrades Hyatt Hotels (H) to Neutral

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Hyatt Hotels Corp. (H) Tops Q1 EPS by 1c

May 1, 2013 7:37 AM EDT

Hyatt Hotels Corp. (NYSE: H) reported Q1 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $975 million versus the consensus estimate of $1.01 billion.

Highlights:
Adjusted EBITDA was $131 million in the first quarter of 2013 compared to $125 million in the first quarter of 2012, an increase of 4.8%.
Adjusted for special items, net income attributable to Hyatt was $14 million, or $0.09 per share, during the first quarter of... More