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Hilton's stock slides premarket after 2024 guidance falls short of estimates
Market Watch· 2024-02-07 11:24
Hilton Worldwide Holdings Inc.’s stock HLT, +0.49% fell 2.2% early Wednesday, after the hotel operator’s fourth-quarter revenue only managed to match consensus and its guidance for 2024 came up short. The company posted net income of $148 million, or 57 cents a share, for the quarter, down from $328 million, or $1.21 a share, in the year-earlier period. Adjusted per-share earnings came to $1.68, ahead of the $1.57 FactSet consensus. Revenue rose to $2.609 billion from $2.444 billion a year ago, matching th ...
Hilton Partners with Small Luxury Hotels of the World™ To Dramatically Expand Global Luxury Portfolio
Businesswire· 2024-02-07 11:02
Hilton (NYSE: HLT) and Small Luxury Hotels of the World (SLH) today announced an exclusive strategic partnership that will welcome Hilton guests to hundreds of independently minded luxury hotels in the most sought-after destinations around the world. (Photo: Hilton)Hilton (NYSE: HLT) and Small Luxury Hotels of the World (SLH) today announced an exclusive strategic partnership that will welcome Hilton guests to hundreds of independently minded luxury hotels in the most sought-after destinations around the wo ...
Hilton(HLT) - 2023 Q4 - Annual Report
2024-02-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 juris ...
Hilton (HLT) to Report Q4 Earnings: Here's What to Expect
Zacks Investment Research· 2024-02-05 16:56
Hilton Worldwide Holdings Inc. (HLT) is scheduled to report fourth-quarter 2023 results on Feb 7, before the opening bell.In the last reported quarter, adjusted earnings were in line with the Zacks Consensus Estimate while revenues surpassed the same by 2.6%. On a year-over-year basis, earnings and revenues increased 27.5% and 12.9%, respectively.The company reported a trailing four-quarter earnings surprise of 11.3%, on average.Q4 EstimatesThe Zacks Consensus Estimate for adjusted earnings moved north to $ ...
Exploring Analyst Estimates for Hilton Worldwide Holdings Inc. (HLT) Q4 Earnings, Beyond Revenue and EPS
Zacks Investment Research· 2024-02-02 15:21
Analysts on Wall Street project that Hilton Worldwide Holdings Inc. (HLT) will announce quarterly earnings of $1.56 per share in its forthcoming report, representing a decline of 1.9% year over year. Revenues are projected to reach $2.57 billion, increasing 5% from the same quarter last year.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initi ...
Analysts Estimate Hilton Worldwide Holdings Inc. (HLT) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-01-31 16:06
Hilton Worldwide Holdings Inc. (HLT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numbe ...
Here's Why Hilton Worldwide Holdings Inc. (HLT) is a Strong Growth Stock
Zacks Investment Research· 2024-01-30 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring 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, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...
In Canada, a customer was made to sign a waiver before eating his medium-cooked burger. Why restaurants in America won't do that.
Market Watch· 2024-01-25 21:26
Could your next restaurant meal come with a side order of legalese?That’s the thought some might be having in light of the news a Toronto hotel asked a customer who ordered a burger cooked medium to sign a waiver relieving the establishment of any liability claims related to food-borne illnesses.The customer recently shared the story on Reddit and it quickly went viral. On Reddit alone, the post has received more than 200 comments, with many expressing some strongly negative views about the situation. “I do ...
Hilton (HLT) Reports Solid 2023 Unit Growth, Signings Up Y/Y
Zacks Investment Research· 2024-01-23 18:36
Hilton Worldwide Holdings Inc. (HLT) reported substantial unit growth in 2023, marked by impressive signings and notable progress in construction starts. The upside can be attributed to effective commercial strategies. Also, it highlighted substantial global customer demand backed by high-quality product offerings and exceptional service levels.As of 2023-end, HLT reported more than 7,500 properties in 126 countries and territories. The company added more than one new hotel per day to its global portfolio o ...
Marriott and Hilton added thousands of hotel rooms in 2023 amid travel rebound
Market Watch· 2024-01-22 12:52
Marriott International Inc. and Hilton Worldwide Holdings Inc. said Monday they grew their hotel room footprints as travel continued its rebound in 2023 from the travel downturn in the wake of the COVID-19 pandemic.As the larger of the two giant hotel chains by market cap, Marriott MAR, +0.43% said its net rooms increased by 4.7% to just under 1.6 million in 2023. Its development pipeline jumped 15% to 573,000 rooms, a record.Net rooms grew 4.7% to over 1.597 million and the company’s development pipeline e ...