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.
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.
Hilton Worldwide (HLT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Hilton's (HLT) 400 SLH properties integration paves a path for broadened offerings and attracting a more diverse and discerning clientele.
Hilton (HLT) focuses on the expansion of luxury and lifestyle properties to drive growth. However, an uncertain macroeconomic environment is a concern.
Hilton stock has been charging higher since October, when the hotel icon reported a 27% gain in third-quarter earnings.