Hilton Worldwide Holdings Q2 2024 Adj. EPS $1.91 Beats $1.86 Estimate, Sales $2.951B vs $2.932B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hilton Worldwide Holdings (NYSE:HLT) reported Q2 2024 adjusted EPS of $1.91, beating the analyst estimate of $1.86. The company also reported sales of $2.951 billion, slightly above the estimate of $2.932 billion.
August 07, 2024 | 10:01 am
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Hilton Worldwide Holdings reported better-than-expected Q2 2024 earnings per share of $1.91, surpassing the analyst estimate of $1.86. Sales were also slightly above expectations at $2.951 billion.
The better-than-expected EPS and slightly higher sales figures are positive indicators for Hilton's stock price in the short term. Beating earnings estimates typically boosts investor confidence and can lead to a short-term price increase.
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