Hilton (HLT) Tops Q1 EPS by 11c, Beats on Revenue; Offers FY24 EPS Guidance
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Hilton Worldwide (HLT) PT Raised to $205 at Macquarie, 'we await a better entry point'
April 25, 2024 9:43 AM EDTMacquarie 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 EDTHilton (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
