AMSTERDAM (AP) _ Playa Hotels & Resorts NV (PLYA) on Wednesday reported a loss of $12.4 million in its third quarter.
On a per-share basis, the Amsterdam-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring gains and pretax gains, came to 9 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The developer and operator of all-inclusive resorts posted revenue of $151.3 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $141.7 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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