HLT Stock Recent News
HLT LATEST HEADLINES
Hilton Worldwide Holdings (HLT) reported second-quarter earnings that missed analysts' estimates and trimmed its full-year earnings outlook amid concerns about softening travel demand.
Hilton's (HLT) second-quarter 2024 results benefit from notable improvements in revenue per available room and growth in all segments.
The headline numbers for Hilton Worldwide (HLT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hilton Worldwide Holdings Inc.'s stock fell 1.3% in premarket trading on Wednesday after the hotel giant issued a third-quarter outlook for adjusted earnings that fell short of Wall Street analyst estimates.
Hilton Worldwide Holdings Inc. (HLT) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.63 per share a year ago.
MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its second quarter 2024 results. Highlights include: Diluted EPS was $1.67 for the second quarter, and diluted EPS, adjusted for special items, was $1.91 Net income was $422 million for the second quarter Adjusted EBITDA was $917 million for the second quarter System-wide comparable RevPAR increased 3.5 percent, on a currency neutral basis, for the second quarte.
Hilton's (HLT) second-quarter 2024 results are likely to have been aided by leisure demand and notable improvements in revenue per available room.
Long-term investing requires accepting volatility and sticking to systematic approaches, but downturns can impact returns significantly. Strategies to counter broad market-based risks include staying in cash, exposure to defensive sectors, and out-of-the-money put options. Hilton Worldwide Holdings presents a bearish opportunity due to economic exposure, debt concerns, overvaluation, and upcoming earnings risks.
Besides Wall Street's top -and-bottom-line estimates for Hilton Worldwide (HLT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Hilton Worldwide (HLT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.