Hilton Worldwide Holdings, Inc. Q1 adjusted earnings Beat Estimates

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(RTTNews.com) - Hilton Worldwide Holdings, Inc. ( HLT ) released earnings for its first quarter that increased from the same period last year.

The company's bottom line totaled $161 million, or $0.51 per share. This compares with $47 million, or $0.14 per share, in last year's first quarter.

Excluding items, Hilton Worldwide Holdings, Inc. reported adjusted earnings of $175 million or $0.55 per share for the period.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.9% to $2.07 billion from $1.90 billion last year.

Hilton Worldwide Holdings, Inc. earnings at a glance:

-Earnings (Q1): $175 Mln. vs. $125 Mln. last year.
-EPS (Q1): $0.55 vs. $0.38 last year.
-Analysts Estimate: $0.51
-Revenue (Q1): $2.07 Bln vs. $1.90 Bln last year.


Next quarter EPS guidance: $0.66 and $0.70
Full year EPS guidance:  $2.62 and $2.71

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Referenced Symbols: HLT ,

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