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Hyatt Hotels Corp (H)
NYSE:H
Holding H?
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.79Last Year’s EPS
$0.64Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: 1.84%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook for Hyatt with strong growth in business transient revenue and World of Hyatt membership, strategic asset dispositions, and successful acquisitions. However, there are challenges, including declines in leisure transient revenue and impacts from natural disasters. Overall, the highlights slightly outweigh the lowlights, suggesting a positive sentiment.Company Guidance
During the Hyatt Third Quarter 2024 Earnings Conference Call, the company provided guidance highlighting several key metrics. System-wide RevPAR growth was reported at 3%, with a record number of rooms in the pipeline and a record number of World of Hyatt members, which surpassed 51 million, marking a 22% increase from the previous year. Leisure transient revenue decreased by 4%, yet group rooms revenue increased by 6%, driven by growth in the U.S. and Europe. Business transient revenue grew by approximately 16%. The company's pipeline expanded to 135,000 rooms, reflecting a 10% increase over the prior year and representing 41% of the existing room base. Gross fees rose by 11%, while adjusted EBITDA increased by 9% to $275 million. Looking ahead, Hyatt anticipates full-year RevPAR growth of 3% to 4% and net rooms growth between 7.75% to 8.25%, with gross fees expected to range from $1.085 billion to $1.11 billion. The company also plans to continue its asset-light strategy, with capital returns to shareholders projected at approximately $1.25 billion.Record Growth in World of Hyatt Membership
World of Hyatt membership surpassed 51 million members, marking a 22% increase over the prior year. Loyalty room night penetration also increased, contributing to reduced customer acquisition costs.
Strong Business Transient Revenue Growth
Business transient revenue increased approximately 16% year-over-year, with significant growth in major urban markets benefiting from the recovery of business travel.
Successful Asset Disposition and Strategic Acquisitions
Hyatt completed the sale of Hyatt Regency Orlando for $1.07 billion, marking the completion of a $2.6 billion asset disposition commitment. The acquisition of Standard International adds 22 hotels and 10 agreements to the pipeline.
Expansion of All-Inclusive Offerings
Hyatt expanded its all-inclusive collection by entering a joint venture with Grupo Pineiro, adding 23 resorts and increasing its all-inclusive room portfolio by approximately 30%.
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H Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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H Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $156.96 | $145.31 | -7.42% |
| Aug 06, 2024 | $133.67 | $131.76 | -1.43% |
| May 09, 2024 | $147.38 | $151.81 | +3.01% |
| Feb 23, 2024 | $135.00 | $149.57 | +10.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hyatt Hotels Corp (H) report earnings?
Hyatt Hotels Corp (H) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Hyatt Hotels Corp (H) earnings time?
Hyatt Hotels Corp (H) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is H EPS forecast?
H EPS forecast for the fiscal quarter 2024 (Q4) is $0.79.
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