Hilton Grand Vacations Reports Third-Quarter 2018 Results, Net Owner Growth Accelerates to 7.4 Percent
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Hilton Grand Vacations (HGV) Misses Q3 EPS by 3c, Revenues Miss; Offers FY18 EPS Outlook
October 31, 2018 4:44 PM EDTHilton Grand Vacations (NYSE: HGV) reported Q3 EPS of $0.42, $0.03 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $427 million versus the consensus estimate of $430.36 million.
Diluted EPS was $0.42 and net income was $41 million for the third quarter.Adjusted EBITDA was $80 million for the third quarter.Total revenues were $427 million for the third quarter.Contract sales for the third quarter increased 11.7 percent from the same period in 2017.Net Owner Growth (NOG) for the... More