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Will Hyatt Hotels (H) Stock Gain on Q3 Earnings Beat?

NEW YORK (TheStreet) -- Hyatt Hotels (H) posted mixed results for the 2016 third quarter on Thursday.

Before the market open, the Chicago-based hotel operator reported adjusted earnings of 47 cents per diluted share, handily topping analysts' estimates of 29 cents per share.

Revenue of $1.09 billion fell short of Wall Street's projections of $1.10 billion.

System-wide revenue per available room rose 2.5% year-over-year. Analysts surveyed by FactSet were looking for an increase of 2.3%.

For the full year, Hyatt...


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