financetom
Business
financetom
/
Business
/
Hilton Grand Vacations Q2 Adjusted Earnings Fall, Revenue Rises
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hilton Grand Vacations Q2 Adjusted Earnings Fall, Revenue Rises
Aug 8, 2024 5:38 AM

08:29 AM EDT, 08/08/2024 (MT Newswires) -- Hilton Grand Vacations ( HGV ) reported Q2 adjusted earnings Thursday of $0.62 per diluted share, down from $0.85 a year earlier.

Analysts polled by Capital IQ expected $1.05.

Revenue for the quarter ended June 30 was $1.24 billion, up from $1.01 billion a year earlier.

Analysts polled by Capital IQ expected $1.34 billion.

Shares of the company fell nearly 11% in recent Thursday premarket activity.

Price: 34.39, Change: -4.12, Percent Change: -10.70

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mexico's new Pemex refinery processes 65,000 bpd of crude in July but no gasoline
Mexico's new Pemex refinery processes 65,000 bpd of crude in July but no gasoline
Aug 29, 2024
MEXICO CITY, Aug 26 (Reuters) - Mexican state oil firm Pemex's newest refinery processed some 65,046 barrels per day of crude oil in July, its first month of operations after multiple delays, and just over 30,000 bpd of diesel and coke. The Olmeca refinery's production included 21,511 bpd of diesel and 8,775 of coke, Pemex said in a recent report,...
Quantum to Implement 1-for-20 Reverse Stock Split; Shares Fall
Quantum to Implement 1-for-20 Reverse Stock Split; Shares Fall
Aug 29, 2024
11:49 AM EDT, 08/26/2024 (MT Newswires) -- Quantum (QMCO) said Monday it will effect a 1-for-20 reverse split of its common shares to increase its per-share trading price to satisfy the Nasdaq Stock Market's continued listing standards. The shares will start trading on a split-adjusted basis Tuesday. The company said the split will reduce the number of its outstanding shares...
Why Is Mullen Automotive Stock Rocketing Today?
Why Is Mullen Automotive Stock Rocketing Today?
Aug 29, 2024
Mullen Automotive, Inc. ( MULN ) shares are trading higher after the company secured a purchase agreement with UAE’s Volt Mobility for about $200 million. As per the deal, Volt Mobility will acquire 3,000 Class 1 and Class 3 EV cargo vans and trucks over 16 months. Volt plans to lease these vehicles to corporate customers across the Middle East and...
Update: Volt Lithium up 5.6% as It Installs a Field Unit, Doubles Processing Capacity. in Texas' Permian Basin
Update: Volt Lithium up 5.6% as It Installs a Field Unit, Doubles Processing Capacity. in Texas' Permian Basin
Aug 29, 2024
11:47 AM EDT, 08/26/2024 (MT Newswires) -- Volt Lithium ( VLTLF ) on Monday said it successfully installed and began function-testing its first proprietary direct lithium-extraction field unit in the Permian Basin in Texas, paving the way for its first lithium production. The field unit will be capable of processing over 200,000 liters, or 1,250 barrels, of oilfield brine per...
Copyright 2023-2026 - www.financetom.com All Rights Reserved