Playa Hotels & Resorts N.V. (NASDAQ:PLYA) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, PLYA is expected to report 3Q20 loss of $ 0.45 per share from revenue of $ 26.12 million.
For the full year, analysts anticipate top line of $ 242.68 million, while looking forward to loss of $ 1.29 per share bottom line.
Previous Quarter Performance
Playa Hotels & Resorts N.V. posted loss for the second quarter of $ 0.46 per share, from the revenue of $ 0.98 million. Street analysts expected Playa Hotels & Resorts N.V. to report loss of $ 0.47 per share on revenue of $ 1.23 million for the second quarter. The bottom line results beat street analysts by $ 0.01 or 2.13 percent, at the same time, top line results fell short of analysts by $ 0.25 million or 20.33 percent.
Stock Performance
Shares of Playa Hotels & Resorts N.V. traded up $ 0.23 or 5.81 percent on Tuesday, reaching $ 4.19 with volume of 427.00 thousand shares. Playa Hotels & Resorts N.V. has traded high as $ 4.25 and has cracked $ 3.95 on the downward trend
According to the previous trading day, closing price of $ 4.19, representing a 204.62 % increase from the 52 week low of $ 1.30 and a 53.9 % decrease over the 52 week high of $ 8.59.
The company has a market capital of $ 563.54 million and is part of the Consumer Cyclical sector and Resorts & Casinos industry.
Playa Hotels & Resorts N.V. owns, operates, and develops all-inclusive resorts in prime beachfront locations in various vacation destinations in Mexico and the Caribbean. The company operates under eight brand names.
