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Hilton Worldwide Holdings Inc. (HLT) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2023, Hilton Worldwide Holdings Inc. (HLT - Free Report) reported revenue of $2.29 billion, up 33.2% over the same period last year. EPS came in at $1.24, compared to $0.71 in the year-ago quarter.
The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $1.14, the EPS surprise was +8.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hilton Worldwide Holdings Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
RevPAR Growth - System-wide: 30% compared to the 27.87% average estimate based on three analysts.
Revenues- Owned and leased hotels: $248 million compared to the $235.21 million average estimate based on six analysts. The reported number represents a change of +65.3% year over year.
Revenues- Other revenues: $35 million compared to the $22.41 million average estimate based on six analysts. The reported number represents a change of +94.4% year over year.
Revenues- Incentive management fees: $65 million versus $49.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +91.2% change.
Revenues- Franchise and licensing fees: $508 million versus $521.85 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +23% change.
Revenues- Base and other management fees: $80 million versus the five-analyst average estimate of $77.67 million. The reported number represents a year-over-year change of +45.5%.
Revenues- Other revenues from managed and franchised properties: $1.36 billion versus $1.38 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +29.1% change.
Shares of Hilton Worldwide Holdings Inc. have returned +10.4% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Hilton Worldwide Holdings Inc. (HLT) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2023, Hilton Worldwide Holdings Inc. (HLT - Free Report) reported revenue of $2.29 billion, up 33.2% over the same period last year. EPS came in at $1.24, compared to $0.71 in the year-ago quarter.
The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $1.14, the EPS surprise was +8.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hilton Worldwide Holdings Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- RevPAR Growth - System-wide: 30% compared to the 27.87% average estimate based on three analysts.
- Revenues- Owned and leased hotels: $248 million compared to the $235.21 million average estimate based on six analysts. The reported number represents a change of +65.3% year over year.
- Revenues- Other revenues: $35 million compared to the $22.41 million average estimate based on six analysts. The reported number represents a change of +94.4% year over year.
- Revenues- Incentive management fees: $65 million versus $49.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +91.2% change.
- Revenues- Franchise and licensing fees: $508 million versus $521.85 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +23% change.
- Revenues- Base and other management fees: $80 million versus the five-analyst average estimate of $77.67 million. The reported number represents a year-over-year change of +45.5%.
- Revenues- Other revenues from managed and franchised properties: $1.36 billion versus $1.38 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +29.1% change.
View all Key Company Metrics for Hilton Worldwide Holdings Inc. here>>>Shares of Hilton Worldwide Holdings Inc. have returned +10.4% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.