We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hilton's (HLT) Reports Better-Than-Expected Earnings in Q1
Read MoreHide Full Article
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 Honors — which serves millions of members worldwide.
Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has witnessed upward revisions over the past 7 days. In the trailing four quarters (excluding the quarter under review), the company has outperformed the Zacks Consensus Estimate by an average of 18.6%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: The company reported adjusted earnings per share of 55 cents, beating the Zacks Consensus Estimate of 50 cents.
Revenues: HLT reported revenues of $2,074 million. This missed our consensus estimate of $2,255 million.
Hilton Worldwide Holdings Inc. Price, Consensus and EPS Surprise
Key Stats to Note: System-wide comparable revenue per available room (RevPAR) increased 3.9% year over year in the first quarter on a currency neutral basis. RevPAR at comparable managed and franchised hotels increased 3.8%.
Stock Price Impact: HLT shares are up nearly 1.5% during pre-market trading hours following the earnings release.
Check back for our full write up on this HLT earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Image: Bigstock
Hilton's (HLT) Reports Better-Than-Expected Earnings in Q1
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 Honors — which serves millions of members worldwide.
Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has witnessed upward revisions over the past 7 days. In the trailing four quarters (excluding the quarter under review), the company has outperformed the Zacks Consensus Estimate by an average of 18.6%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: The company reported adjusted earnings per share of 55 cents, beating the Zacks Consensus Estimate of 50 cents.
Revenues: HLT reported revenues of $2,074 million. This missed our consensus estimate of $2,255 million.
Hilton Worldwide Holdings Inc. Price, Consensus and EPS Surprise
Hilton Worldwide Holdings Inc. Price, Consensus and EPS Surprise | Hilton Worldwide Holdings Inc. Quote
Key Stats to Note: System-wide comparable revenue per available room (RevPAR) increased 3.9% year over year in the first quarter on a currency neutral basis. RevPAR at comparable managed and franchised hotels increased 3.8%.
Zacks Rank: HLT currently has a Zacks Rank #3 (Hold) but that could change following Hilton’s earnings report which was just released. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Stock Price Impact: HLT shares are up nearly 1.5% during pre-market trading hours following the earnings release.
Check back for our full write up on this HLT earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>