Hyatt Hotels Corp. Announces 112% Advance In Q2 Earnings

(RTTNews) - Hyatt Hotels Corp. (H) reported a profit for its second quarter that gained ground from last year.

The company said its bottom line advanced to $87 million, or $0.64 per share. This was up from $41 million, or $0.28 per share, in last year's second quarter.

Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Hyatt Hotels Corp. earnings at a glance:

-Earnings (Q2): $87 Mln. vs. $41 Mln. last year. -Earnings Growth (Y-o-Y): 112.2% -EPS (Q2): $0.64 vs. $0.28 last year. -EPS Growth (Y-o-Y): 128.6% -Analysts Estimate: $0.47