Shares of Hyatt Hotels H decreased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 920.00% year over year to ($3.57), which missed the estimate of ($1.30).
Revenue of $438,000,000 decreased by 55.89% year over year, which missed the estimate of $468,880,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
Hyatt Hotels hasn't issued any revenue guidance for the time being.
Technicals
Company's 52-week high was at $92.22
52-week low: $41.87
Price action over last quarter: down 8.20%
Company Profile
Hyatt is an operator of 982 owned (7% of total rooms) and managed and franchise (93%) properties across 16 upscale luxury brands, which includes two vacation brands (Hyatt Ziva and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, and the wellness brand Miraval. Hyatt acquired Two Roads in November 2018. The regional breakdown as a percentage of total rooms is 67% Americas, 20% Asia-Pacific, and 13% rest of world.
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