Hilton Reports First Quarter Results
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Go back to Hilton Reports First Quarter Results
April 25, 2024 9:43 AM EDT
Macquarie analyst Chad Beynon raised the price target on Hilton Worldwide (NYSE: HLT) to $205.00 (from $192.00) while maintaining a Neutral rating.
The analyst comments " In 1Q, HLT opened 17k rooms (+5.6% NUG), signed 30k rooms bringing the pipeline to 472k (+10% YoY), and announced several... More
April 24, 2024 6:23 AM EDT
Hilton (NYSE: HLT) shares rose more than 1.7% in premarket trading Wednesday after the hotel and resorts operator unveiled results for the fiscal Q1 2024 and hiked outlook for the full fiscal 2024.
For FQ1 2024, Hilton posted earnings per share (EPS) of $1.53, topping consensus estimates of $1.42.
Revenue came in at $2.57 billion,... More
April 24, 2024 6:03 AM EDT
Hilton (NYSE: HLT) reported Q1 EPS of $1.53, $0.11 better than the analyst estimate of $1.42. Revenue for the quarter came in at $2.57 billion versus the consensus estimate of $2.53 billion.
GUIDANCE:
Hilton sees FY2024 EPS of $6.89-$7.03, versus the consensus of $7.12.
For earnings history and earnings-related data on Hilton (HLT) click here.
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