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 ...

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 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 ...

Hilton Worldwide Holdings Inc. (NYSE:HLT) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Jill Chapman - Senior Vice President, Investor Relations and Corporate Development Christopher Nassetta - President and Chief Executive Officer Kevin Jacobs - Chief Financial Officer and President, Global Development Conference Call Participants Joe Greff - JPMorgan Carlo Santarelli - Deutsche Bank Shaun Kelley - Bank of America, Merrill Lynch Stephen Grambling - Morgan Stanley David Kat ...

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 ...