CHICAGO (AP) _ Hyatt Hotels Corp. (H) on Wednesday reported third-quarter net income of $120 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Chicago-based company said it had net income of $1.15. Earnings, adjusted for non-recurring costs, were $2.31 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 39 cents per share.

The hotel operator posted revenue of $851 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $860.3 million.

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