UBS Upgrades Hilton Worldwide (HLT) to Buy

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Hilton Worldwide (HLT) Tops Q1 EPS by 4c; Boosts FY14 Outlook

May 9, 2014 6:17 AM EDT

Hilton Worldwide (NYSE: HLT) reported Q1 EPS of $0.13, $0.04 better than the analyst estimate of $0.09. Revenue for the quarter came in at $2.36 billion versus the consensus estimate of $2.34 billion.

Christopher J. Nassetta, President & Chief Executive Officer of Hilton Worldwide, said, "We had a strong first quarter that significantly exceeded our expectations. We are very optimistic about the remainder of 2014, and as a result we have... More