Shareholders might have noticed that Hyatt Hotels Corporation (NYSE:H) filed its quarterly result this time last week. The early response was not positive, with shares down 6.2% to US$145 in the past week. It was a workmanlike result, with revenues of US$1.6b coming in 3.6% ahead of expectations, and statutory earnings per share of US$4.63, in line with analyst appraisals. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Hyatt Hotels

Taking into account the latest results, the most recent consensus for Hyatt Hotels from 16 analysts is for revenues of US$6.99b in 2025. If met, it would imply a solid 8.2% increase on its revenue over the past 12 months. Statutory earnings per share are expected to plunge 73% to US$3.86 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$6.93b and earnings per share (EPS) of US$3.97 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.

The consensus price target held steady at US$159, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Hyatt Hotels analyst has a price target of US$200 per share, while the most pessimistic values it at US$127. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that Hyatt Hotels' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 6.5% growth on an annualised basis. This is compared to a historical growth rate of 35% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.6% per year. Factoring in the forecast slowdown in growth, it seems obvious that Hyatt Hotels is also expected to grow slower than other industry participants.