Hilton Grand Vacations (HGV) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Insights - Hilton Grand Vacations (HGV) is expected to report quarterly earnings of $0.89 per share, reflecting a year-over-year increase of 4.7% [1] - Anticipated revenues for the quarter are projected to be $1.37 billion, representing a significant increase of 36.2% compared to the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised upward by 6.6% in the past 30 days, indicating a reassessment by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions and short-term stock price movements [3] Revenue Estimates - Analysts estimate 'Revenues- Sales of VOIs, net' to be $550.58 million, showing a year-over-year change of +55.1% [5] - 'Revenues- Cost reimbursements' are expected to reach $121.75 million, indicating a year-over-year increase of +25.5% [5] - 'Revenues- Rental and ancillary services' are projected at $189.13 million, reflecting a change of +9.3% from the prior year [5] - The estimate for 'Revenues- Sales, marketing, brand and other fees' stands at $179.78 million, with a change of +3.9% year-over-year [6] - 'Revenues- Financing' is projected to be $115.23 million, suggesting a year-over-year increase of +51.6% [6] - 'Revenues- Resort and club management' is estimated at $168.30 million, indicating a change of +26.5% year-over-year [6] Stock Performance - Hilton Grand Vacations shares have decreased by -3.1% in the past month, compared to a -6.7% decline in the Zacks S&P 500 composite [7] - With a Zacks Rank 1 (Strong Buy), HGV is expected to outperform the overall market in the near term [7]