Hilton Grand Vacations Announces Increase in Stock Repurchase Program
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Hilton Grand Vacations (HGV) Misses Q1 EPS by 3c, Revenues Miss; Affirms FY19 EPS Guidance Below Consensus
May 1, 2019 4:56 PM EDTHilton Grand Vacations (NYSE: HGV) reported Q1 EPS of $0.58, $0.03 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $450 million versus the consensus estimate of $456.57 million.
Total revenues for the first quarter were $450 million compared to $367 million for the same period in 2018.Net income for the first quarter was $55 million compared to $30 million for the same period in 2018.Diluted EPS for the first quarter was $0.58 compared to $0.30 for the same period in 2018.Adjusted EBITDA for the first quarter was $102 million compared... More