Hilton Grand Vacations Inc HGV.N reported quarterly adjusted earnings of 25 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of nine analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 62 cents to 96 cents per share.
Revenue rose 2.5% to $1.27 billion from a year ago; analysts expected $1.36 billion.
Hilton Grand Vacations Inc's reported EPS for the quarter was 25 cents.
The company reported quarterly net income of $25 million.
Hilton Grand Vacations Inc shares had risen by 22.3% this quarter and gained 30.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 11.6% 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 "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy."
Wall Street's median 12-month price target for Hilton Grand Vacations Inc is $48.00, about 5.8% below its last closing price of $50.78
This summary was machine generated from LSEG data July 31 at 01:31 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)