Playa Hotels & Resorts NVNASDAQ: PLYA

FAIRFAX, Va. , Oct. 7, 2024 /PRNewswire/ -- Playa Hotels & Resorts N.V.

FAIRFAX, Va. , Sept. 23, 2024 /PRNewswire/ -- Playa Hotels & Resorts N.V.

FAIRFAX, Va. , Aug. 26, 2024 /PRNewswire/ -- Playa Hotels & Resorts N.V.

Playa Hotels & Resorts (PLYA) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.13 per share a year ago.

The Playa Hotels (PLYA) headline numbers provide a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to compare certain key metrics to Wall Street forecasts and last year's results.

Get a deeper insight into the potential performance of Playa Hotels (PLYA) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Playa Hotels & Resorts N.V. (NASDAQ:PLYA ) Q3 2023 Earnings Call Transcript November 3, 2023 8:00 AM ET Company Participants Ryan Hymel - Executive Vice President and Chief Financial Officer Bruce Wardinski - Chairman & Chief Executive Officer Conference Call Participants Chad Beynon - Macquarie Patrick Scholes - Truist Securities Chris Woronka - Deutsche Bank Smedes Rose - Citi Tyler Batory - Oppenheimer Operator Good day, and welcome to the Playa Hotels & Resorts Third Quarter 2023 Conference Call.

Although the revenue and EPS for Playa Hotels (PLYA) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Playa Hotels & Resorts' revenue increased by 12.1%, while operating margin reached 20.1%. Recovery in the Jamaican and Mexican segments continues to support the company's revenue growth rate. I believe the company's shares are not cheaply priced, while I do not expect additional growth catalysts, so my recommendation is hold.