Hilton Grand Vacations Lowers FY 2024 Adj EBITDA Guidance To $1.075B-$1.135B, Down $125M From Previous Range
Portfolio Pulse from Benzinga Newsdesk
Hilton Grand Vacations has lowered its FY 2024 adjusted EBITDA guidance to a range of $1.075 billion to $1.135 billion, which is $125 million lower than the previous range.
August 08, 2024 | 11:34 am
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Hilton Grand Vacations has revised its FY 2024 adjusted EBITDA guidance downward by $125 million, now expecting $1.075 billion to $1.135 billion.
The downward revision in EBITDA guidance suggests potential challenges in achieving previous financial targets, which could negatively impact investor sentiment and short-term stock price.
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