Hyatt Reports Fourth Quarter 2017 Results
Hyatt Hotels Corporation Class A (H)
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm
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US:NYSE Investor Relations:
investors.hyatt.com/investor-relations/default.aspx
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Source: Business Wire
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
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News
- Hyatt Hotels Co. (NYSE: H) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Hyatt Hotels Co. (NYSE: H) is now covered by analysts at Mizuho. They set a "buy" rating and a $197.00 price target on the stock.MarketBeat
- Africa Seen as Growing Hot Spot for $3,000-a-Night Hotel Rooms [BNN Bloomberg (Canada)]BNN Bloomberg
- Southern California hotel workers ratify new contracts, ending strikes for some [Yahoo! Finance]Yahoo! Finance
- Southern California hotel workers ratify new contracts, ending strikes for some [Los Angeles Times (CA)]Los Angeles Times
H
Earnings
- 2/23/24 - Beat
H
Sec Filings
- 3/25/24 - Form SC
- 3/25/24 - Form 4
- 3/25/24 - Form 3
- H's page on the SEC website