Hyatt Hotels Corp Third Quarter Earnings on the Horizon

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Hyatt Hotels Corporation (NYSE:H) will unveil its latest earnings on Wednesday, November 2, 2011. Hyatt Hotels provides hospitality services on a worldwide basis through the management, franchising and ownership of hospitality related businesses.

Hyatt Hotels Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 7 cents per share, a rise of 16.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 8 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 7 cents during the last month. Analysts are projecting profit to rise by 68.8% versus last year to 54 cents.

Past Earnings Performance: Last quarter, the company beat estimates by 12 cents, coming in at net income of 27 cents a share versus the estimate of profit of 15 cents a share. It marked the fourth straight quarter of beating estimates.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: On average, analysts predict $922.2 million in revenue this quarter, a rise of 4.9% from the year ago quarter. Analysts are forecasting total revenue of $3.74 billion for the year, a rise of 5.9% from last year’s revenue of $3.53 billion.

Analyst Ratings: 10 out of 17 analysts surveyed (58.8%) have a buy rating on Hyatt Hotels.. This is below the mean analyst rating of 10 competitors, which average 65.2% buy ratings.

A Look Back: In the second quarter, profit rose 48% to $37 million (22 cents a share) from $25 million (14 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 5.3% to $936 million from $889 million.

Key Stats:

Revenue has gone up for three straight quarters. It rose 4% in the first quarter from the year earlier and 3.3% in the fourth quarter of the last fiscal year.

Competitors to Watch: Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT), Marriott Intl., Inc. (NYSE:MAR), Silverleaf Resorts, Inc. (NASDAQ:SVLF), ILX Resorts Incorporated (ILXRQ), Morgans Hotel Group Co. (NASDAQ:MHGC), Bluegreen Corporation (NYSE:BXG), Red Lion Hotels Corp. (NYSE:RLH), Gaylord Entertainment Co. (NYSE:GET), InterContinental Hotels Group PLC (NYSE:IHG), and Sonesta Intl. Hotels Corp. (NASDAQ:SNSTA).

Stock Price Performance: During September 29, 2011 to October 27, 2011, the stock price had risen $5.46 (16.8%) from $32.55 to $38.01. The stock price saw one of its best stretches over the last year between January 6, 2011 and January 18, 2011 when shares rose for eight-straight days, rising 5.3% (+$2.44) over that span. It saw one of its worst periods between May 27, 2011 and June 8, 2011 when shares fell for eight-straight days, falling 12.1% (-$5.46) over that span. Shares are down $7.75 (-16.9%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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