Hilton Grand Vacations Reports Second-Quarter 2018 Results; Raises Guidance

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Hilton Grand Vacations (HGV) Misses Q2 EPS by 1c, Revenues Miss; 'Raises Guidance'

August 1, 2018 5:12 PM EDT

Hilton Grand Vacations (NYSE: HGV) reported Q2 EPS of $1.10, $0.01 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $563 million versus the consensus estimate of $586.12 million.

The solid execution of our teams in the U.S. and Japan has delivered consecutive quarters of strong operating performance, including contract sales, Net Owner Growth and strategic deployment of capital, says Mark Wang, president and CEO, Hilton Grand... More