Hyatt Hotels Corporation Earnings: Spiking Profits and a Rising Outlook
At its last quarterly check in, Hyatt Hotels (NYSE: H) announced surprisingly strong sales growth but left its full-year outlook unchanged. This week, the hotel chain again beat expectations. This time, though, management lifted its 2017 operating targets in response to the gains.
More on that rising forecast in a moment. First, here's how the latest headline numbers compare to the prior year period:
Metric
Source: Fool.com
Hyatt Hotels A Stock
€129.80
-0.640%
With 16 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 155 € shows a slightly positive potential of 19.41% compared to the current price of 129.8 € for Hyatt Hotels A.
