Popular stocks with increasing unusual option volume: C T HLT

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Hilton Worldwide (HLT) Reports In-Line Q2 EPS, Revenues Miss; Offers FY18 EPS Guidance Below Consensus

July 25, 2018 6:09 AM EDT

Hilton Worldwide (NYSE: HLT) reported Q2 EPS of $0.70, in-line with the analyst estimate of $0.70. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.47 billion.

Christopher J. Nassetta, President & Chief Executive Officer of Hilton, said, "We had another strong quarter with fundamentals driving system-wide RevPAR growth of 4.0 percent, achieving the high end of guidance. This growth coupled with continued net unit growth resulted in Adjusted EBITDA growth of 10 percent, exceeding our expectations."

Diluted EPS was $0.71 for the second quarter, a 54 percent increase from the same period in 2017, and... More