Hilton Worldwide Holdings, Inc. Q2 adjusted earnings Inline With Estimates

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(RTTNews.com) - Hilton Worldwide Holdings, Inc. ( HLT ) revealed a profit for its second quarter that rose from last year.

The company's profit totaled $217 million, or $0.71 per share. This compares with $150 million, or $0.46 per share, in last year's second quarter.

Excluding items, Hilton Worldwide Holdings, Inc. reported adjusted earnings of $210 million or $0.70 per share for the period.

Analysts had expected the company to earn $0.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.1% to $2.29 billion from $2.08 billion last year.

Hilton Worldwide Holdings, Inc. earnings at a glance:

-Earnings (Q2): $210 Mln. vs. $169 Mln. last year.
-EPS (Q2): $0.70 vs. $0.51 last year.
-Analysts Estimate: $0.70
-Revenue (Q2): $2.29 Bln vs. $2.08 Bln last year.


Next quarter EPS guidance: $0.71 - $0.76
Full year EPS guidance: $2.64 - $2.71

For comments and feedback: contact editorial@rttnews.com


Referenced Symbols: HLT ,

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