Hyatt Hotels' Shares Fall After Q2 Results

MT Newswires Live

07/30

Hyatt Hotels (H) shares fell over 6% in Thursday trading after the company posted Q2 results.

The company reported Q2 adjusted earnings of $1.12 per diluted share, up from $0.68 a year earlier.

Analysts polled by FactSet expected $0.91.

Revenue for the quarter ended June 30 was $1.83 billion, compared with $1.81 billion a year earlier.

Analysts polled by FactSet expected $1.82 billion.

Price: 169.60, Change: -16.10, Percent Change: -8.67

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