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

Hilton Grand Vacations

09/05/2024 14:32

* Hilton Grand Vacations Inc  HGV.N  reported a quarterly
adjusted
loss of 4 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 64 cents.  The mean expectation of seven analysts for the
quarter was for earnings of 72 cents per share. Wall Street
expected results to range from 40 cents to 93 cents per share.
    * Revenue rose 23.8% to $1.16 billion from a year ago;
analysts
expected $1.12 billion. 
    * Hilton Grand Vacations Inc shares had fallen by 8.1% this
quarter and gained 8.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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 $54.00 
This summary was machine generated from LSEG data May 9 at 01:32
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
 Mar. 31 2024      0.72           -0.04          Missed
 Dec. 31 2023      0.94           0.62           Missed
 Sep. 30 2023      0.97           0.83           Missed
 Jun. 30 2023      0.79           0.71           Missed