Hilton Reports First Quarter Results, Expands Brand Portfolio
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Hilton Worldwide (HLT) Tops Q1 EPS by 4c, Revenues In-Line; Affirms FY19 EPS Guidance Below Consensus, Provides Q2 EPS Outlook
May 1, 2019 6:02 AM EDTHilton Worldwide (NYSE: HLT) reported Q1 EPS of $0.80, $0.04 better than the analyst estimate of $0.76. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.2 billion.
Diluted EPS was $0.54 for the first quarter, a 6 percent increase from the same period in 2018, and diluted EPS, adjusted for special items, was $0.80, a 16 percent increase from the same period in 2018Net income for the first quarter was $159 million, a 2 percent decrease from the same period in 2018Adjusted EBITDA for the first quarter was $499 million, an increase of 12 percent from the same... More