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Hyatt Reports Fourth Quarter 2017 Results

HYATT HOTELS (H)  More Company Research Source: Business Wire
Last hyatt hotels earnings: 2/14 05:00 pm Check Earnings Report
PDF U.S. and Systemwide Comparable RevPAR Increased 3.0% and 3.8%, Respectively Initiates Quarterly Cash Dividend of $0.15 per Share CHICAGO--(BUSINESS WIRE)-- Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported fourth quarter 2017 financial results. Net income attributable to Hyatt was $76 million, or $0.62 per diluted share, in the fourth quarter of 2017, compared to $41 million, or $0.31 per diluted share, in the fourth quarter of 2016. Net income in the fourth quarter of 2017 included a $217 million gain from the sale of Avendra, LLC, an equity method investment, and $110 million of incremental tax attributable to recent U.S. tax reform. Adjusted net income attributable to Hyatt was $29 million, or $0.23 per diluted share, in the fourth quarter of 2017, compared to $39 million, or $0.29 per diluted share, in the fourth quarter of 2016. Refer to the table on page 4 of the [Read more]

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