Hilton falls after Q3 revenue misses estimates; flags Middle East impact
BUZZ-Hilton falls after Q3 revenue misses estimates; flags Middle East impact ** Hotel operator Hilton Worldwide's HLT.N shares fall nearly 4% to $339 premarket
** Co misses third-quarter revenue estimates, says US midterm elections and increased impact from the Middle East war could affect its fourth-quarter performance
** Its quarterly revenue stood at $3.33 billion, up 6.6% from a year earlier, but below analysts' estimate of $3.37 billion - data compiled by LSEG
** Hilton's Q3 adjusted profit per share rose to $2.45 from $2.11 a year ago
** Analysts, on average, estimated adjusted profit of $2.36
** As of last close, stock up ~22.5% YTD
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))
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