earnings
confidence high
sentiment positive
materiality 0.75
Hyatt Q3 net income $28M ($0.25 EPS), RevPAR up 45.9%, raises FY outlook
Hyatt Hotels Corp
2022-Q3 EPS reported
$1.44
revenue$4,303,000,000
- Net income of $28M ($0.25 EPS) vs $120M ($1.15) YoY; adjusted net income $72M ($0.64).
- Comparable system-wide RevPAR up 45.9% to $133.31; U.S. hotel RevPAR up 35.6%.
- Adjusted EBITDA $252M, including $78M from ALG; net rooms growth 18.7%.
- Full-year net rooms growth outlook raised to ~6.5%; pipeline of 114,000 rooms.
- Repurchased 1.87M shares for $162M in Q3.