Hilton Worldwide Q4 Adj. EPS $1.68 Beats $1.57 Estimate, Sales $2.61B In-line
Portfolio Pulse from Benzinga Newsdesk
Hilton Worldwide Holdings Inc. (HLT) reported Q4 adjusted EPS of $1.68, surpassing the $1.57 estimate, marking a 5.66% increase from last year. However, their sales of $2.61B slightly missed the $2.61B estimate, though it's a 6.75% increase from the previous year.
February 07, 2024 | 11:01 am
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Hilton Worldwide Holdings Inc. (HLT) reported a Q4 adjusted EPS of $1.68, beating estimates, with a slight miss on sales forecasts.
The positive earnings surprise, with EPS exceeding analyst expectations by 7.01%, suggests potential short-term bullish sentiment for HLT stock. The slight miss in sales is unlikely to significantly dampen this outlook, given the overall growth in both earnings and sales compared to the previous year.
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IMPORTANCE 90
RELEVANCE 100