Hilton hikes 2024 earnings outlook as Q1 results beat expectations, shares up
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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 (HLT) Tops Q1 EPS by 11c, Beats on Revenue; Offers FY24 EPS Guidance
April 24, 2024 6:03 AM EDTHilton (NYSE: HLT) reported Q1 EPS of $1.53, $0.11 better than the analyst estimate of $1.42. Revenue for the quarter came in at $2.57 billion versus the consensus estimate of $2.53 billion.
GUIDANCE:
Hilton sees FY2024 EPS of $6.89-$7.03, versus the consensus of $7.12.
For earnings history and earnings-related data on Hilton (HLT) click here.
... More
