Hilton Grand Vacations Q1 2024 Adj EPS $0.95 Beats $0.72 Estimate, Sales $1.156B Beat $1.116B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hilton Grand Vacations (HGV) reported Q1 2024 earnings of $0.95 per share, surpassing the $0.72 estimate, with sales of $1.156B also beating the $1.116B estimate. This represents a 23.77% increase in sales compared to the same period last year.
May 09, 2024 | 11:31 am
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Hilton Grand Vacations reported a significant beat on both earnings per share and sales for Q1 2024, with a notable year-over-year sales growth.
Beating earnings and sales estimates significantly, especially by such a large margin and with a substantial year-over-year sales increase, is likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term uptick in HGV's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100