NEW YORK: Hyatt Hotels Corp is expected to post an increase in first quarter earnings to -36 cents per share according to Refinitiv’s average estimate from twelve analysts. Wall Street expects results ranging from a loss of -78 cents to 3 cents per share.
The consensus recommendation for the company is “Hold”. This includes two “Strong Buys”, six “Buys”, eleven “Holds”,
The average consensus recommendation for the hotel, motel and cruise line peer group is also “Hold.”
Fifteen analysts currently provide estimates to Refinitiv. Over the past week, an analyst has revised an earnings estimate upward and there have been no negative earnings revisions.
The number of estimates has not changed. Over the past four weeks, the earnings per share estimate has fallen 11.18% from -41 cents.
Estimates ranged from a high of -3 cents to a low of -79 cents.
The number of estimates has not changed. The earnings surprise predicted by StarMine is too small to be considered statistically significant. The expected surprise revenues are too small to be significant. The average price target of the fifteen analysts providing estimates is $101.24.
YEAR AFTER YEAR
The company is expected to record an increase in revenue to $1.1 billion from $438 million in the same quarter last year. The current quarter’s consensus estimate of -36 cents per share implies a 93.42% gain from the same quarter last year when the company reported -$5.48 per share.