India, May 5 -- Playa Hotels & Resorts N.V. (PLYA) revealed earnings for first quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $43.13 million, or $0.34 per share. This compares with $54.34 million, or $0.39 per share, last year.
Excluding items, Playa Hotels & Resorts N.V. reported adjusted earnings of $46.75 million or $0.37 per share for the period.
Analysts on average had expected the company to earn $0.33 per share. Analysts' estimates typically exclude special items.
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The company's revenue for the period fell 11.1% to $267.287 million from $300.635 million last year.
Playa Hotels & Resorts N.V...