24.07.2019 12:30:20
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Hilton Worldwide Holdings, Inc. Q2 adjusted earnings Beat Estimates
(RTTNews) - Hilton Worldwide Holdings, Inc. (HLT) revealed earnings for its second quarter that increased from the same period last year.
The company's bottom line totaled $260 million, or $0.89 per share. This compares with $217 million, or $0.71 per share, in last year's second quarter.
Excluding items, Hilton Worldwide Holdings, Inc. reported adjusted earnings of $310 million or $1.06 per share for the period.
Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.3% to $2.48 billion from $2.29 billion last year.
Hilton Worldwide Holdings, Inc. earnings at a glance:
-Earnings (Q2): $310 Mln. vs. $260 Mln. last year. -EPS (Q2): $1.06 vs. $0.86 last year. -Analysts Estimate: $1.01 -Revenue (Q2): $2.48 Bln vs. $2.29 Bln last year.
-Guidance: Next quarter EPS guidance: $0.98 - $1.03 Full year EPS guidance: $3.78 - $3.85
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