Hilton Grand Vacations Reports Full Year and Fourth Quarter 2020 Results
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Hilton Grand Vacations (HGV) Misses Q4 EPS by $1.77, Revenues Miss
March 1, 2021 7:41 AM ESTHilton Grand Vacations (NYSE: HGV) reported Q4 EPS of ($1.81), $1.77 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $212 million versus the consensus estimate of $244.34 million.
Fourth Quarter 2020 Results1
Contract sales in the fourth quarter were $132 million.Net Owner Growth (NOG) for the 12 months ended Dec. 31, 2020, was 0.7%.Total revenues for the fourth quarter were $212 million compared to $468 million for the same period in 2019.Total revenues were affected by deferrals of $21 million and $35 million in the current period and the same period in 2019,... More