Hilton Reports Fourth Quarter and Full Year Results; Achieves Record Pipeline and Net Unit Growth for the Year
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Hilton Worldwide (HLT) PT Raised to $65 at FBR Capital Following 4Q16 Results
February 16, 2017 6:15 AM ESTFBR Capital analyst Bryan Maher reiterates Outperform rating and raises price target on Hilton Worldwide Holdings Inc. (NYSE: HLT) to $65 (from $64), suggesting the planned spin-offs are progressing smoothly, as the company reported 2016 fourth quarter results and 2017 guidance in line with estimates.
Maher comments, "HLT's 4Q16 results were... More
Hilton Worldwide (HLT) Tops Q4 EPS by 5c
February 15, 2017 6:06 AM ESTHilton Worldwide (NYSE: HLT) reported Q4 EPS of $0.70, $0.05 better than the analyst estimate of $0.65. Revenue for the quarter came in at $2.92 billion versus the consensus estimate of $2.91 billion.
Diluted loss per share was $1.17 for the fourth quarter, largely driven by $513 million of non-cash corporate restructuring charges incurred prior to the spin-offs, and diluted EPS was $1.05 for the full yearDiluted EPS, adjusted for... More