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Hilton(HLT) - 2024 Q3 - Quarterly Results
2024-10-23 10:02
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 ...
Countdown to Hilton Worldwide (HLT) Q3 Earnings: Wall Street Forecasts for Key Metrics
ZACKS· 2024-10-18 14:20
The upcoming report from Hilton Worldwide Holdings Inc. (HLT) is expected to reveal quarterly earnings of $1.85 per share, indicating an increase of 10.8% compared to the year-ago period. Analysts forecast revenues of $2.87 billion, representing an increase of 7.2% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earning ...
Here's What to Expect Ahead of Hilton's Q3 Earnings Release
ZACKS· 2024-10-18 13:26
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 ...
Hilton Worldwide Holdings Inc. (HLT) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-16 15:06
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 September 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 stock might move higher if these key numbers top expectations in the upcoming earnings report, which is ex ...
Billionaire Bill Ackman Has Close to 20% of His Portfolio in 1 Magnificent Travel Stock
The Motley Fool· 2024-09-30 11:45
The investor is closely tracked and has owned this stock for many years.Bill Ackman is one of the most followed investors of the 21st century. The billionaire and manager of the $10 billion-plus hedge fund Pershing Square espouses a Warren Buffett-style investing strategy. He aims to build a concentrated portfolio of high-quality stocks that he can hold for many years. Many of Ackman's stock positions are over 10% of his portfolio. One stock he has owned since 2018 is Hilton Hotels (HLT 0.62%). Shares are u ...
Hilton San Francisco Union Square Celebrates Grand Reopening of "Cityscape" Bar
Prnewswire· 2024-09-12 21:31
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 ...
Why Is Hilton Worldwide (HLT) Up 5.4% Since Last Earnings Report?
ZACKS· 2024-09-06 16:37
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 ...
Here's Why You Should Retain Hilton (HLT) Stock for Now
ZACKS· 2024-08-21 13:25
Hilton Worldwide Holdings Inc. (HLT) is poised to benefit from strong RevPAR performance, lifestyle properties and expansion initiatives. Also, the focus on strategic partnerships and hotel conversions bodes well. However, economic uncertainties are headwinds.Let’s discuss the factors highlighting why investors should retain the stock for the time being.Growth CatalystsStrong RevPAR Performance: In the second-quarter 2024, system-wide RevPAR increased 3.5% year over year. The upside was driven by robust gro ...
Hilton Trims Its Earnings Outlook Amid Concerns About Softening Travel Demand
Investopedia· 2024-08-07 19:41
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 ...
Hilton's (HLT) Q2 Earnings Surpass Estimates, Revenues Lag
ZACKS· 2024-08-07 16:10
Hilton Worldwide Holdings Inc. (HLT) reported second-quarter 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.Both the metrics increased year over year. The company's performance was backed by notable improvements in revenue per available room (RevPAR), attributed to higher occupancy rates and average daily rates (ADR). The company benefited from growth in all segments.Following the results, the hospitality company’s shares decreased 1% in the pre-market trading ...