Hilton's stock slides premarket after 2024 guidance falls short of estimates

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 ...