Hyatt Hotels Corp. Q1 adjusted earnings Beat Estimates

(RTTNews) - Hyatt Hotels Corp. (H) reported earnings for first quarter that decreased from last year.

The company's earnings totaled $63 million, or $0.59 per share. This compares with $411 million, or $3.40 per share, in last year's first quarter.

Excluding items, Hyatt Hotels Corp. reported adjusted earnings of $48 million or $0.45 per share for the period.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Hyatt Hotels Corp. earnings at a glance:

-Earnings (Q1): $48 Mln. vs. $40 Mln. last year. -EPS (Q1): $0.45 vs. $0.33 last year. -Analysts Estimate: $0.28