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Hilton's Adjusted Q1 Earnings, Revenue Up; Q2, 2024 Outlook Issued -- Shares up Pre-Bell
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Hilton's Adjusted Q1 Earnings, Revenue Up; Q2, 2024 Outlook Issued -- Shares up Pre-Bell
Apr 24, 2024 4:39 AM

07:01 AM EDT, 04/24/2024 (MT Newswires) -- Hilton Worldwide ( HLT ) reported adjusted Q1 earnings Wednesday of $1.53 per diluted share, up from $1.24 a year earlier.

Analysts polled by Capital IQ expected $1.42.

Revenue for the quarter ended March 31 was $2.57 billion up from $2.29 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.53 billion.

For Q2, the hotel and restaurant company expects adjusted EPS of $1.80 to $1.86. Analysts polled by Capital IQ expect $1.88.

For full-year 2024, the company expects adjusted EPS of $6.89 to $7.03. Analysts polled by Capital IQ expect $7.11.

Shares of the company were up 2% in recent Wednesday premarket activity.

Price: 201.03, Change: +3.99, Percent Change: +2.02

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