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Compared to Estimates, Hilton Worldwide (HLT) Q2 Earnings: A Look at Key Metrics
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Hilton Worldwide Holdings Inc. (HLT - Free Report) reported $2.95 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.9%. EPS of $1.91 for the same period compares to $1.63 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.97 billion, representing a surprise of -0.75%. The company delivered an EPS surprise of +3.24%, with the consensus EPS estimate being $1.85.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hilton Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue per available room - System-Wide
: $123.30 compared to the $125.16 average estimate based on three analysts.
RevPAR Growth - System-wide
: 3.5% versus the three-analyst average estimate of 2.7%.
Property Summary - Total Systemwide Rooms
: 1,216,308 compared to the 1,215,447 average estimate based on two analysts.
Property Summary - Total Managed Rooms
: 252,634 versus 253,707 estimated by two analysts on average.
Property Summary - Total Owned / Leased Rooms
: 17,492 compared to the 17,253 average estimate based on two analysts.
Property Summary - Total Franchised Rooms
: 946,182 versus the two-analyst average estimate of 938,435.
Revenues- Owned and leased hotels
: $337 million versus the six-analyst average estimate of $374.90 million. The reported number represents a year-over-year change of -1.2%.
Revenues- Other revenues
: $71 million versus $51.32 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +54.4% change.
Revenues- Incentive management fees
: $68 million compared to the $81.52 million average estimate based on five analysts. The reported number represents a change of -1.5% year over year.
Revenues- Franchise and licensing fees
: $689 million compared to the $688.48 million average estimate based on five analysts. The reported number represents a change of +11.5% year over year.
Revenues- Base and other management fees
: $93 million compared to the $102.30 million average estimate based on five analysts. The reported number represents a change of +8.1% year over year.
Revenues- Other revenues from managed and franchised properties
: $1.69 billion versus the five-analyst average estimate of $1.66 billion. The reported number represents a year-over-year change of +12.9%.
Shares of Hilton Worldwide have returned -3.8% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Hilton Worldwide (HLT) Q2 Earnings: A Look at Key Metrics
Hilton Worldwide Holdings Inc. (HLT - Free Report) reported $2.95 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 10.9%. EPS of $1.91 for the same period compares to $1.63 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.97 billion, representing a surprise of -0.75%. The company delivered an EPS surprise of +3.24%, with the consensus EPS estimate being $1.85.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Hilton Worldwide performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Hilton Worldwide here>>>Revenue per available room - System-Wide
: $123.30 compared to the $125.16 average estimate based on three analysts.RevPAR Growth - System-wide
: 3.5% versus the three-analyst average estimate of 2.7%.Property Summary - Total Systemwide Rooms
: 1,216,308 compared to the 1,215,447 average estimate based on two analysts.Property Summary - Total Managed Rooms
: 252,634 versus 253,707 estimated by two analysts on average.Property Summary - Total Owned / Leased Rooms
: 17,492 compared to the 17,253 average estimate based on two analysts.Property Summary - Total Franchised Rooms
: 946,182 versus the two-analyst average estimate of 938,435.Revenues- Owned and leased hotels
: $337 million versus the six-analyst average estimate of $374.90 million. The reported number represents a year-over-year change of -1.2%.Revenues- Other revenues
: $71 million versus $51.32 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +54.4% change.Revenues- Incentive management fees
: $68 million compared to the $81.52 million average estimate based on five analysts. The reported number represents a change of -1.5% year over year.Revenues- Franchise and licensing fees
: $689 million compared to the $688.48 million average estimate based on five analysts. The reported number represents a change of +11.5% year over year.Revenues- Base and other management fees
: $93 million compared to the $102.30 million average estimate based on five analysts. The reported number represents a change of +8.1% year over year.Revenues- Other revenues from managed and franchised properties
: $1.69 billion versus the five-analyst average estimate of $1.66 billion. The reported number represents a year-over-year change of +12.9%.Shares of Hilton Worldwide have returned -3.8% over the past month versus the Zacks S&P 500 composite's -5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.