Hilton Grand Vacations Reports Second Quarter 2020 Results

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Go back to Hilton Grand Vacations Reports Second Quarter 2020 Results

Hilton Grand Vacations (HGV) Misses Q2 EPS by 8c, Revenues Miss

July 30, 2020 7:45 AM EDT

Hilton Grand Vacations (NYSE: HGV) reported Q2 EPS of ($0.56), $0.08 worse than the analyst estimate of ($0.48). Revenue for the quarter came in at $123 million versus the consensus estimate of $131.23 million.

Second Quarter 2020 Results1

Contract sales in the second quarter were $35 million.Net Owner Growth (NOG) for the 12 months ended June 30, 2020, was 3.2%.Total revenues for the second quarter were $123 million compared to $454 million for the same period in 2019.Total revenues were affected by deferrals of $4 million and $34... More