Hilton Grand Vacations Inc reports results for the quarter ended in June - Earnings Summary

Hilton Grand Vacations

08/08/2024 15:22

* Hilton Grand Vacations Inc  HGV.N  reported quarterly
adjusted
earnings of 2 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 71 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 90 cents per share. Wall Street
expected results to range from 75 cents to $1.12 per share.
    * Revenue rose 22.6% to $1.24 billion from a year ago;
analysts
expected $1.31 billion. 
    * Hilton Grand Vacations Inc's reported EPS for the quarter
was 2
cents​.
    * The company reported quarterly net income of $2 million.
    * Hilton Grand Vacations Inc shares had fallen by 4.7% this
quarter and lost 4.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the hotels,
motels &
cruise lines peer group is also "buy"

Wall Street's median 12-month price target for Hilton Grand
Vacations Inc is $55.00 
This summary was machine generated from LSEG data August 8 at
02:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.90           0.02           Missed
 Mar. 31 2024      0.94           -0.04          Missed
 Dec. 31 2023      0.94           0.62           Missed
 Sep. 30 2023      0.97           0.83           Missed