Hilton Worldwide Holdings Inc. (HLT) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.78%. A quarter ago, it was expected that this company would post earnings of $1.85 per share when it actually produced earnings of $1.91, delivering a surprise of 3.24%.Over the last four quarters, ...

https://files.reportify.cc/m Investor Contact 7930 Jones Branch Drive Jill Chapman McLean, VA 22102 +1 703 883 1000 ir.hilton.com Media Contact Kent Landers +1 703 883 3246 Hilton Reports Third Quarter Results MCLEAN, VA (October 23, 2024) - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its third quarter 2024 results. Highlights include: • Diluted EPS was $1.38 for the third quarter, and diluted EPS, adjusted for special items, was $1.92 • Net incom ...

Core Insights - Hilton Worldwide Holdings Inc. (HLT) is expected to report quarterly earnings of $1.85 per share, reflecting a 10.8% increase year-over-year, with revenues projected at $2.87 billion, a 7.2% increase from the previous year [1] - Analysts have maintained their consensus EPS estimate over the past 30 days, indicating stability in earnings projections [1] - Key revenue metrics show positive growth trends across various segments, suggesting a robust performance for the company [2][3] Revenue Estimates - 'Revenues- Owned and leased hotels' are estimated at $340.93 million, indicating a year-over-year increase of 1.8% [2] - 'Revenues- Other revenues' are projected to reach $53.22 million, reflecting an 18.3% increase from the prior-year quarter [2] - 'Revenues- Incentive management fees' are expected to be $65.48 million, showing a 3.9% year-over-year change [2] - 'Revenues- Franchise and licensing fees' are forecasted at $699.77 million, representing an 8.8% increase from the previous year [3] - 'Revenues- Base and other management fees' are estimated at $90.18 million, indicating an 11.3% increase year-over-year [3] - 'Revenues- Other revenues from managed and franchised properties' are projected to be $1.61 billion, reflecting a 7.1% increase from the prior year [3] Key Performance Metrics - 'Revenue per available room - System-Wide' is expected to be $123.34, compared to $121.37 from the previous year [3] - 'RevPAR Growth - System-wide' is projected to reach 2.2%, down from 6.8% reported in the same quarter last year [3] - The consensus estimate for 'Property Summary - Total Systemwide Rooms' stands at 1,240,611, up from 1,159,785 in the same quarter last year [4] - 'Property Summary - Total Managed Rooms' is expected to reach 257,047, compared to 245,464 reported last year [4] - 'Property Summary - Total Owned / Leased Rooms' is projected at 17,576, slightly up from 17,490 in the previous year [4] - 'Property Summary - Total Franchised Rooms' is estimated to be 956,612, compared to 896,831 from the prior year [4] Market Performance - Hilton Worldwide shares have returned +5.7% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [4]

Hilton Worldwide Holdings Inc. (HLT) is scheduled to report third-quarter 2024 results on Oct. 23, before the opening bell. In the last reported quarter, the company registered an earnings surprise of 3.2%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.How Are Estimates Faring?The Zacks Consensus Estimate for the third-quarter bottom line is pegged at $1.85 per share, indicating an improvement of 10.8% from $1.67 reported in the year-ago quarter.For revenues, the consensus mark is ...

Core Viewpoint - Hilton Worldwide Holdings Inc. (HLT) is expected to report a year-over-year increase in earnings and revenues for the quarter ended September 2024, with the consensus outlook being crucial for assessing the company's earnings picture [1] Group 1: Earnings Expectations - The consensus EPS estimate for Hilton Worldwide is $1.85 per share, reflecting a year-over-year change of +10.8% [2] - Revenues are anticipated to be $2.86 billion, which is a 7.2% increase from the same quarter last year [2] Group 2: Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not reassessed their initial estimates during this period [3] - The Most Accurate Estimate for Hilton Worldwide is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.84%, suggesting a bearish outlook from analysts [6] Group 3: Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [5] - Hilton Worldwide currently holds a Zacks Rank of 3, making it challenging to predict a consensus EPS beat [7] Group 4: Historical Performance - In the last reported quarter, Hilton Worldwide was expected to post earnings of $1.85 per share but actually delivered $1.91, resulting in a surprise of +3.24% [8] - Over the past four quarters, the company has beaten consensus EPS estimates three times [8] Group 5: Market Sentiment - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment [9] - Hilton Worldwide does not appear to be a compelling earnings-beat candidate, and investors should consider additional factors before making investment decisions [9]

Core Viewpoint - Bill Ackman, a prominent investor, has significantly invested in Hilton Hotels, which has seen a nearly 200% increase in stock price since 2018, now constituting 18.5% of his portfolio [1] Group 1: Company Overview - Hilton Hotels is a nearly 100-year-old brand that has transitioned to a capital-light business model by licensing its brand to property owners rather than owning all hotels outright [2] - This licensing model allows property owners to benefit from higher occupancy rates and the ability to raise room prices, creating a mutually beneficial relationship [2] Group 2: Growth Strategy - Hilton is expanding its hotel room inventory through acquisitions and organic development, recently adding 18,000 net rooms globally [3] - The company anticipates a revenue per room growth of 2% to 3% for the year, contributing to its annual sales of $10.8 billion and operating income of $2.34 billion [3] Group 3: Capital Returns - Hilton has a strong cash flow due to its capital-light model, allowing for significant shareholder returns primarily through share repurchases, having reduced its share count by 25% over the last decade [4] - This strategy enhances returns for existing shareholders, including notable investors like Bill Ackman [4] Group 4: Valuation and Investment Considerations - Hilton's management projects earnings per share (EPS) of just over $6 for 2024, leading to a forward price-to-earnings (P/E) ratio of 38.8, significantly higher than the S&P 500 average of 29 [5] - The stock has appreciated by 60% in the past year, with its P/E ratio rising from around 20 at the beginning of 2023, indicating a potentially overvalued situation for new investors [5]

Newly Reimagined "Tallest Bar in SF" Adorned with Historic Artworks and Mesmerizing ViewsSAN FRANCISCO, Sept. 12, 2024 /PRNewswire/ -- Hilton San Francisco Union Square is pleased to announce the reopening of the hotel's iconic sky bar, Cityscape, on Sunday, September 15, 2024. Atop the 46th floor of the hotel with unparalleled 360-degree views, San Francisco's tallest bar merges the timeless beauty of the city with the wonders of the cosmos, including recently uncovered original mid-century modern artwork ...

A month has gone by since the last earnings report for Hilton Worldwide Holdings Inc. (HLT) . Shares have added about 5.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Hilton Worldwide due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Hilton Q2 Earnings Surpass Est ...

Core Viewpoint - Hilton Worldwide Holdings Inc. is positioned to benefit from strong RevPAR performance, lifestyle properties, and expansion initiatives, despite facing economic uncertainties [1] Growth Catalysts - Strong RevPAR Performance: In Q2 2024, system-wide RevPAR increased by 3.5% year over year, driven by robust group performance and recovery in business transient travel. Transient RevPAR grew by 2%, with leisure transient RevPAR exceeding prior peaks due to strong summer travel demand [2] - Expansion Initiatives: Hilton's development strategy is a key driver of long-term growth, with over 8,000 hotels worldwide. In Q2, Hilton opened 165 new properties, achieving a net unit growth of 6.2% [3] - Growth in Lifestyle Segment: The lifestyle segment has seen significant growth, expanding by over 30% in the past year, supported by brands like Curio and Tapestry, and the acquisition of Graduate Hotels [3] - Strategic Partnerships and Conversions: Exclusive agreements and conversions have broadened Hilton's luxury offerings, with conversions accounting for half of the openings in Q2 [4] - Solid Pipeline: Hilton's pipeline includes 63,000 signed rooms in the quarter, totaling approximately 508,000 rooms, representing an 8% increase from the previous quarter and a 15% year-over-year rise [5] Concerns - Economic Headwinds: Elevated inflation and interest rates have led to delays in new openings and developments, with challenging financing conditions potentially impacting cash access [7] Overall Assessment - Hilton's strong RevPAR performance, strategic expansion, and growth in the lifestyle segment, along with a solid pipeline, support a positive outlook for the stock [8]

Key TakeawaysHilton reported second-quarter earnings that missed analysts' estimates and trimmed its full-year earnings outlook.Revenue for the second quarter was slightly ahead of projections as Hilton's revenue per available room rose.The results came as earnings from Airbnb, Tripadvisor, and Hyatt Hotels this week raised concerns about softening travel demand. Hilton Worldwide Holdings (HLT) reported second-quarter earnings that missed analysts' estimates and trimmed its full-year earnings outlook amid c ...