Hilton (HLT) Tops Q1 EPS by 11c, Beats on Revenue; Offers FY24 EPS Guidance

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Go back to Hilton (HLT) Tops Q1 EPS by 11c, Beats on Revenue; Offers FY24 EPS Guidance

Hilton Worldwide (HLT) PT Raised to $205 at Macquarie, 'we await a better entry point'

April 25, 2024 9:43 AM EDT

Macquarie analyst Chad Beynon raised the price target on Hilton Worldwide (NYSE: HLT) to $205.00 (from $192.00) while maintaining a Neutral rating.

The analyst comments " In 1Q, HLT opened 17k rooms (+5.6% NUG), signed 30k rooms bringing the pipeline to 472k (+10% YoY), and announced several... More

Hilton hikes 2024 earnings outlook as Q1 results beat expectations, shares up

April 24, 2024 6:23 AM EDT

Hilton (NYSE: HLT) shares rose more than 1.7% in premarket trading Wednesday after the hotel and resorts operator unveiled results for the fiscal Q1 2024 and hiked outlook for the full fiscal 2024.

For FQ1 2024, Hilton posted earnings per share (EPS) of $1.53, topping consensus estimates of $1.42.

Revenue came in at $2.57 billion,... More