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Hilton Worldwide Holdings' Q2 Adjusted Earnings, Revenue Increase; Sets Q3 Adjusted EPS Guidance
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Hilton Worldwide Holdings' Q2 Adjusted Earnings, Revenue Increase; Sets Q3 Adjusted EPS Guidance
Aug 7, 2024 3:50 AM

06:43 AM EDT, 08/07/2024 (MT Newswires) -- Hilton Worldwide Holdings ( HLT ) reported Q2 adjusted earnings Wednesday of $1.91 per diluted share, up from $1.63 a year earlier.

Analysts polled by Capital IQ expected $1.86.

Revenue for the quarter ended June 30 was $2.95 billion, up from $2.66 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.94 billion.

The hotel and restaurant company said it expects Q3 adjusted earnings of $1.80 and $1.85 per diluted share. Analysts surveyed by Capital IQ expect $1.90.

Adjusted earnings for the year are now projected to be $6.93 to $7.03 per diluted share, the company said. That compares with $6.89 to $7.03 previously. Analysts polled by Capital IQ expect $7.10.

The company's shares were down more than 1% in recent premarket activity.

Price: 204.50, Change: -2.62, Percent Change: -1.26

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