AMSTERDAM (AP) _ Playa Hotels & Resorts NV (PLYA) on Thursday reported first-quarter profit of $42.7 million.

On a per-share basis, the Amsterdam-based company said it had profit of 26 cents. Earnings, adjusted for non-recurring gains, came to 19 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The developer and operator of all-inclusive resorts posted revenue of $219.6 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $198.2 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLYA at https://www.zacks.com/ap/PLYA

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