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BUZZ-Hyatt Hotels shares fall after underwhelming Q4 results

Reuters
Feb 13, 2025
BUZZ-Hyatt Hotels shares fall after underwhelming Q4 results

** Shares of Hyatt Hotels H.N drop ~10% to $146.34 on Thurs after the hotel chain's quarterly results fell below analyst estimates

** H shares are on track for biggest daily pct loss since Mar 2020 as well as lowest close since Nov last year

** Co reported on Thurs that rev fell 3.5% to $1.6 bln, missing estimates of $1.66 bln; adj EPS of 42 cents, underperformed expectations of 78 cents, per LSEG data

** Among 22 analysts covering H, their avg rating is "HOLD" and median PT is $161, unchanged from Nov

** H is down ~7% YTD, compared with a ~20% gain in 2024

(Reporting by Chibuike Oguh in New York)

((Chibuike.Oguh@thomsonreuters.com; +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))

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