Hyatt Hotels Corporation (NYSE: H) delivered second-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The company's top line declined year over year. The timing of Easter, renovations at major resort properties and the lingering impact of the 2023 Maui wildfires affected the company's performance. Following the results, shares of this global hospitality company are up 2.7% in the pre-market trading session on Aug 6. Q2 Earnings & Revenues Hyatt reported adjusted earnings per share of $1.53, beating the Zacks Consensus Estimate of 95 cents. In the year-ago quarter, the company reported an EPS of 86 cents. Revenues of $1,703 million lagged the consensus mark of $1,756 million and declined 0.1% on a year-over-year basis. The year-over-year decline in revenues was due to a 7.9% decline in Owned and Leased revenues to $314 million and a 85.9% decrease in Other revenues. This was partially offset by Net fees increase of 10.6% year over year to $259 million and a Distribution increase of 1.1% to $278 million. Moreover, revenues for reimbursed costs increased to $842 million from $784 million reported in the prior year quarter. Hyatt Hotels Corporation Price, Consensus and EPS Surprise Hyatt Hotels Corporation price-consensus-eps-surprise-chart | Hyatt Hotels Corporation Quote Operating Highlights Adjusted EBITDA was $307 million, up 10.1% year over year. Our model predicted the metric to be $328.9 million, up 20.5% year over year. Adjusted EBITDA of Management and Franchising, as well as Distribution increased year over ...