Hyatt Hotels Corp. Q3 Profit Advances 45%

(RTTNews) - Hyatt Hotels Corp. (H) released earnings for its third quarter that increased from last year.

The company said its bottom line totaled $61 million, or $0.47 per share. This was up from $42 million, or $0.30 per share, in last year's third quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $1.09 billion. This was up from $1.05 billion last year.

Hyatt Hotels Corp. earnings at a glance:

-Earnings (Q3): $61 Mln. vs. $42 Mln. last year. -Earnings Growth (Y-o-Y): 45.2% -EPS (Q3): $0.47 vs. $0.30 last year. -EPS Growth (Y-o-Y): 56.7% -Analysts Estimate: $0.29 -Revenue (Q3): $1.09 Bln vs. $1.05 Bln last year. -Revenue Change (Y-o-Y): 3.8%