Hilton Worldwide Holdings Inc. (HLT) reported $2.95 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.9%. EPS of $1.91 for the same period compares to $1.63 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.97 billion, representing a surprise of -0.75%. The company delivered an EPS surprise of +3.24%, with the consensus EPS estimate being $1.85.While investors scrutinize revenue and earnings changes year-over-year and how they compa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36243 Hilton Worldwide Holdings Inc. (Exact name of registrant as specified in its charter) Delaware 27-4384691 (State or other j ...

Hilton Worldwide Holdings Inc. (HLT) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.24%. A quarter ago, it was expected that this company would post earnings of $1.41 per share when it actually produced earnings of $1.53, delivering a surprise of 8.51%.Over the last four quarters, ...

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 Second Quarter Results MCLEAN, VA (August 7, 2024) - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its second quarter 2024 results. Highlights include: • Diluted EPS was $1.67 for the second quarter, and diluted EPS, adjusted for special items, was $1.91 • Net income was $422 million for the s ...

Core Viewpoint - Hilton Worldwide Holdings Inc. is expected to report strong second-quarter 2024 results, with anticipated earnings and revenue growth driven by steady leisure demand and improvements in revenue per available room (RevPAR) [1][3]. Financial Estimates - The Zacks Consensus Estimate for second-quarter earnings is $1.85 per share, reflecting a 13.5% increase from $1.63 in the same quarter last year [2]. - Revenue is projected at $2.97 billion, indicating an 11.8% growth compared to the prior-year quarter [2]. Factors Influencing Performance - Hilton's performance is likely supported by increased occupancy rates and average daily rates, alongside a fee-based business model and development initiatives [3]. - The company expects RevPAR growth between 2% and 4% year over year, with a model prediction of a 2.6% increase [3]. - Strong leisure demand and recovery in international travel are expected to contribute to RevPAR gains in various regions, including Europe and Asia Pacific [3]. Revenue Contributions - Significant contributions to the second-quarter top line are anticipated from various fee categories, including Franchise and licensing fees, Base and other management fees, and Incentive Management Fees, with expected year-over-year increases of 13.6%, 49.3%, and 22.9%, respectively [4]. - Hilton forecasts net income between $443 million and $457 million, with adjusted EBITDA expected to be between $890 million and $910 million [4]. Earnings Prediction Model - The company's earnings model suggests a likely earnings beat, supported by a positive Earnings ESP of +0.58% and a Zacks Rank of 3 (Hold) [5]. - The combination of these factors enhances the likelihood of exceeding earnings expectations [5]. Comparable Stocks - Hilton Grand Vacations (HGV) shows a favorable Earnings ESP of +16.12% and a Zacks Rank of 1, with expected earnings growth of 4.7% for the second quarter [6]. - Choice Hotels International, Inc. (CHH) has an Earnings ESP of +1.51% and a Zacks Rank of 2, with projected earnings growth of 6.9% [7].

praetorianphoto/E+ via Getty Images Over the past four years, significant events such as the pandemic and ongoing conflicts have made investing seem daunting in a broader context. Long-term investing requires accepting volatility (Well demonstrated during the events of last week) as part of the process and sticking to systematic approaches (Ex: Dollar Cost Averaging) However, downturns can significantly affect long-term investment returns, and it's well known that the primary threat to compounding capital i ...

Wall Street analysts forecast that Hilton Worldwide Holdings Inc. (HLT) will report quarterly earnings of $1.85 per share in its upcoming release, pointing to a year-over-year increase of 13.5%. It is anticipated that revenues will amount to $2.97 billion, exhibiting an increase of 11.8% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts o ...

The market expects Hilton Worldwide Holdings Inc. (HLT) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these ...

Prime Hospitality Group Debuts Newly Renovated Curio Collection by Hilton Hotel in the Florida Keys, Promising Unmatched Experiences and AdventureMARATHON, Fla., July 29, 2024 /PRNewswire/ -- Prime Hospitality Group, a vertical of Prime Group, today announces that its recently acquired property Faro Blanco Resort & Yacht Club has joined the Curio Collection by Hilton portfolio. The newly rebranded Faro Blanco Resort & Yacht Club Marathon, Curio Collection by Hilton debuts a transformative $14 million renova ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Hilton Worldwide Holdings Inc. (HLT) , which belongs to the Zacks Hotels and Motels industry.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 8.10%.For the last reported quarter, Hilton Worldwide came out with earnings ...