Hilton Grand Vacations (HGV) PT Lowered to $68 at Jefferies
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Hilton Grand Vacations Reports Record Third Quarter 2022 Results
November 9, 2022 7:30 AM ESTORLANDO, Fla.--(BUSINESS WIRE)-- Hilton Grand Vacations Inc. (NYSE: HGV) (HGV or the Company) today reports its third quarter of 2022 results.
Third quarter highlights1
Total contract sales were $621 million. Member count was 515,000. Net Owner Growth (NOG) for the Legacy-HGV business for the 12 months ended Sept. 30, 2022, was 3.8%, and Diamond added over 1,900 net new members in the quarter. Total revenues for the third quarter were $1,116 million compared to $928 million for the same period in 2021. Total revenues were affected... More