earnings
confidence high
sentiment positive
materiality 0.75
Hyatt Q3 net income $471M ($4.63 EPS); RevPAR +3%; FY Adj. EBITDA guidance $1.1-1.12B
Hyatt Hotels Corp
2024-Q3 EPS reported
$13.04
revenue$5,046,000,000
- Comparable system-wide RevPAR up 3.0% YoY; all-inclusive Net Package RevPAR down 0.9%.
- Net income $471M, diluted EPS $4.63; adjusted net income $96M, adjusted diluted EPS $0.94.
- Adjusted EBITDA $275M; full-year Adj. EBITDA projected $1.1-1.12B, Net income $1.4-1.45B.
- Pipeline record ~135,000 rooms (+10% YoY); Net rooms growth ~4.3%.
- Repurchased ~4.5M shares for $657M in Q3; FY capital returns to shareholders ~$1.25B.