Hilton Worldwide Q3 2024 Adj. EPS $1.92 Beats $1.85 Estimate, Sales $2.867B Miss $2.905B Estimate
Portfolio Pulse from Benzinga Newsdesk
Hilton Worldwide Holdings reported Q3 2024 earnings per share of $1.92, surpassing the expected $1.85, marking a 14.97% increase from last year. However, sales of $2.867 billion fell short of the $2.905 billion estimate, despite a 7.26% year-over-year increase.
October 23, 2024 | 10:00 am
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Hilton Worldwide's Q3 2024 earnings per share exceeded expectations, but sales fell short. The EPS of $1.92 beat the $1.85 estimate, while sales of $2.867 billion missed the $2.905 billion forecast.
Hilton's earnings per share exceeded expectations, which is positive for the stock. However, the sales miss could offset this positivity, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100