AMSTERDAM (AP) — AMSTERDAM (AP) — Playa Hotels & Resorts NV (PLYA) on Tuesday reported fourth-quarter earnings of $9 million.
On a per-share basis, the Amsterdam-based company said it had profit of 7 cents. Earnings, adjusted for non-recurring costs, were 8 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The developer and operator of all-inclusive resorts posted revenue of $218.9 million in the period.
For the year, the company reported profit of $73.8 million, or 56 cents per share. Revenue was reported as $938.6 million.
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