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Hilton Worldwide Holdings Inc. (HLT) Earnings Expected to Grow: Should You Buy?
HiltonHilton(US:HLT) ZACKSยท2024-10-16 15:06

Core Viewpoint - Hilton Worldwide Holdings Inc. (HLT) is expected to report a year-over-year increase in earnings and revenues for the quarter ended September 2024, with the consensus outlook being crucial for assessing the company's earnings picture [1] Group 1: Earnings Expectations - The consensus EPS estimate for Hilton Worldwide is $1.85 per share, reflecting a year-over-year change of +10.8% [2] - Revenues are anticipated to be $2.86 billion, which is a 7.2% increase from the same quarter last year [2] Group 2: Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not reassessed their initial estimates during this period [3] - The Most Accurate Estimate for Hilton Worldwide is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.84%, suggesting a bearish outlook from analysts [6] Group 3: Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [5] - Hilton Worldwide currently holds a Zacks Rank of 3, making it challenging to predict a consensus EPS beat [7] Group 4: Historical Performance - In the last reported quarter, Hilton Worldwide was expected to post earnings of $1.85 per share but actually delivered $1.91, resulting in a surprise of +3.24% [8] - Over the past four quarters, the company has beaten consensus EPS estimates three times [8] Group 5: Market Sentiment - An earnings beat or miss may not solely dictate stock movement, as other factors can influence investor sentiment [9] - Hilton Worldwide does not appear to be a compelling earnings-beat candidate, and investors should consider additional factors before making investment decisions [9]