Hilton(HLT)
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Compared to Estimates, Hilton Worldwide (HLT) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-24 14:36
For the quarter ended March 2024, Hilton Worldwide Holdings Inc. (HLT) reported revenue of $2.57 billion, up 12.2% over the same period last year. EPS came in at $1.53, compared to $1.24 in the year-ago quarter.The reported revenue represents a surprise of +0.67% over the Zacks Consensus Estimate of $2.56 billion. With the consensus EPS estimate being $1.41, the EPS surprise was +8.51%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...
Hilton(HLT) - 2024 Q1 - Quarterly Report
2024-04-24 14:02
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 March 31, 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 ...
Hilton(HLT) - 2024 Q1 - Quarterly Results
2024-04-24 10:02
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 First Quarter Results MCLEAN, VA (April 24, 2024) - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its first quarter 2024 results. Highlights include: • Diluted EPS was $1.04 for the first quarter, and diluted EPS, adjusted for special items, was $1.53 • Net income was $268 million for the firs ...
Strong Leisure Demand & RevPAR to Aid Hilton (HLT) Q1 Earnings
Zacks Investment Research· 2024-04-22 17:51
Hilton Worldwide Holdings Inc. (HLT) is scheduled to report first-quarter 2024 results on Apr 24, before the opening bell. In the last reported quarter, the company registered an earnings surprise of 7.7%.How are Estimates Faring?The Zacks Consensus Estimate for the first-quarter bottom line is pegged at $1.41 per share, indicating an improvement of 13.7% from $1.24 reported in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $2.6 billion, suggesting growth of 11.5% from the prior-y ...
3 Travel Stocks to Buy Now: Q2 Edition
InvestorPlace· 2024-04-21 19:04
While revenge travel may be a fading concept, consumers still value accruing their vacation hours, potentially boding well for certain travel stocks to buy now.According to a Deloitte report, we may be moving into a new era of travel prioritization. Per Hotel Dive’s summary of the analysis, “The report found that travelers are most likely to splurge on in-destination experiences, lodging location and destination distance.” So, the desire to explore hasn’t diminished. Rather, certain preferences may have shi ...
Why Hilton Worldwide Holdings Inc. (HLT) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-04-16 14:50
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...
Hilton (HLT) Expands Luxury Portfolio With Sydell Group Buyout
Zacks Investment Research· 2024-04-04 14:21
Hilton Worldwide Holdings Inc. (HLT) has announced its acquisition of a majority controlling interest in Sydell Group to bolster its luxury lifestyle hotel market presence. This move marks HLT's strategic entry into the flourishing luxury hospitality segment, leveraging Sydell Group's acclaimed NoMad brand. Sydell Group, led by Andrew Zobler, has crafted several successful lifestyle brands, including NoMad, known for its exceptional design and culinary experiences.With Sydell Group overseeing design and bra ...
Hilton (HLT) Unveils Enhanced Business Card for Business Owners
Zacks Investment Research· 2024-04-01 17:40
Hilton Worldwide Holdings Inc. (HLT) unveiled the enhanced Hilton Honors American Express Business Card in collaboration with American Express Company (AXP) . It offers new benefits, including up to $240 annually in statement credits on eligible Hilton purchases.The enhanced card also simplifies the rewards structure, allowing Card Members to earn Hilton Honors Bonus Points wherever they spend. This initiative empowers business owners to utilize their purchases to fund future Hilton stays, backed by America ...
Hilton (HLT) Unveils New Hampton's Prototype and Brand Identity
Zacks Investment Research· 2024-03-21 16:51
Hilton Worldwide Holdings Inc. (HLT) upper-midscale brand — Hampton by Hilton — recently unveiled a North American prototype and a refreshed global brand identity. The initiative underscores the company’s commitment to solidify its position as a premium brand in the evolving landscape of travel.The new North American prototype focuses on modernizing, improving functionality and cost-effectiveness to enhance the overall guest experience. Updates include maximizing revenue opportunities by increasing the tota ...
Hilton (HLT) to Acquire Graduate Hotels Brand for $210 Million
Zacks Investment Research· 2024-03-15 14:16
Hilton Worldwide Holdings Inc. (HLT) signed a contract with Adventurous Journeys (AJ) Capital Partners to acquire the Graduate Hotels brand for $210 million.This strategic transaction is subject to customary closing conditions, including review and approval, according to Hart-Scott-Rodino, and is expected to close in the second quarter of 2024.Hilton is optimistic about the incorporation of the Graduate Hotels brand into its diversified brand portfolio as it expects this inclusion will provide travelers acc ...