HGV Stock Recent News

KYOTO, Japan--(BUSINESS WIRE)--Hilton Grand Vacations Announces New Acquisition in Kyoto.

ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Successfully Issues New Term Loan A.

ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Recognized for Exceptional Culture.

Timeshares have had a bad reputation among travelers historically due to strict visitation schedules, high fees, and the difficulty of breaking contracts. However, the industry has transitioned to points-based model that offers more flexibility and value for buyers. Hilton Grand Vacations is a strong player in the industry with an attractive business model and attractive economies of scale.

Hilton Grand Vacations shares have underperformed, losing 22% in the past year, amid questionable M&A and a slowing consumer. Q2 earnings missed expectations, with interest costs offsetting M&A growth and significant margin pressure leading to reduced EBITDA guidance. Despite aggressive financial policy and margin pressure, HGV is no longer a sell as the bad news is already reflected, but evidence of business improvement is needed before buying.

Hilton Grand Vacations, Inc. (NYSE:HGV ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mark Melnyk - SVP, Investor Relations Mark Wang - CEO & Director Daniel Mathewes - President & CFO Conference Call Participants David Katz - Jefferies Patrick Scholes - Truist Brandt Montour - Barclays Ben Chaiken - Credit Suisse Chris Woronka - Deutsche Bank Operator Good morning, and welcome to the Hilton Grand Vacations Second Quarter 2024 Earnings Conference Call. [Operator Instructions].

Although the revenue and EPS for Hilton Grand Vacations (HGV) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Hilton Grand Vacations (HGV) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.85 per share a year ago.

ORLANDO, Fla.--(BUSINESS WIRE)--Hilton Grand Vacations Announces Appointment of Christine Cahill to its Board of Directors.

Get a deeper insight into the potential performance of Hilton Grand Vacations (HGV) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.