Hilton's (HLT) Q3 Earnings to Benefit From Solid RevPAR

Zacks Equity Research Published on October 18, 2019

Hilton Worldwide Holdings Inc. (HLT - Free Report) is scheduled to report third-quarter 2019 results on Oct 23, before the opening bell. In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 5% and 1.6%, respectively. Moreover, the bottom and the top line rose 23.3% and 8.4%, respectively, on year-over-year basis in the same period.

How are Estimates Faring?

The Zacks Consensus Estimate for third-quarter earnings is pegged at $1.02, which suggests a rise from 77 cents reported in the year-ago quarter. Notably, the company’s earnings estimate for the quarter has been stable in the past 30 days. The consensus mark for revenues is pegged at nearly $2,378 million, which calls for a 5.8% increase from the prior-year quarter’s reported figure.

Hilton Worldwide Holdings Inc. Price and EPS Surprise

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