Hilton Grand Vacations Reports Full Year and Fourth Quarter 2019 Results
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Hilton Grand Vacations (HGV) Tops Q4 EPS by 27c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus
February 27, 2020 7:41 AM ESTHilton Grand Vacations (NYSE: HGV) reported Q4 EPS of $0.83, $0.27 better than the analyst estimate of $0.56. Revenue for the quarter came in at $468 million versus the consensus estimate of $476.38 million.
Fourth Quarter 2019 Results1
Total revenues for the fourth quarter were $468 million compared to $642 million for the same period in 2018.Total revenues were affected by a deferral of $35 million in the current period compared to a recognition of $153 million in the same period in 2018.Net income for the fourth quarter was $72 million compared to $120 million for... More