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Hilton's (HLT) Q4 Earnings Beat Estimates, Revenues In Line

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Hilton Worldwide Holdings Inc. (HLT - Free Report) is a leading global hospitality company and operates under a number of leading brands. This hotel company began trading in Dec 2013 and has a significant presence in major hospitality markets across the world.

The company has an industry-leading guest loyalty program — Hilton HHonors loyalty program — which serves millions of members worldwide.

Hilton’s geographic exposure in the U.S., solid transient business as well as its improving group business trends will continue to drive RevPAR. However, lingering political uncertainty in some of the regions where the company operates and negative currency translation remains a concern.

Investors should note that the consensus estimate for HLT has moved slightly down over the last 60 days. Meanwhile, HLT’s earnings have been mixed over the past few quarters. The company outpaced/met the Zacks Consensus Estimate in three of the past four quarters, with an average beat of 0.60%. Notably, revenues surpassed estimates in two of the trailing four quarters.

Hilton Worldwide Holdings Inc. Price and EPS Surprise

HLT currently has a Zacks Rank #5 (Strong Sell) but that could change following Hilton’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: HLT beat on earnings. Our consensus earnings estimate called for EPS of 65 cents per share, and the company posted adjusted EPS of 70 cents. Investors should note that these figures take out stock option expenses.

Revenues: HLT reported revenues of $2.92 billion, in line with the consensus mark.

Key Stats to Note: System-wide comparable RevPAR increased 0.9% year over year in the fourth quarter on a currency neutral basis. RevPAR at comparable managed and franchised hotels increased 1.0% on a currency neutral basis.

Adjusted EBITDA for the quarter rose 0.8% to $751 million.

Stock Price Impact: In-active in pre-market trading.

Check back later for our full write up on this HLT earnings report!

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