FMP
Hilton Reports Q4 Beat, But Soft 2024 Outlook
Feb 7, 2024 5:30 PM - Davit Kirakosyan
Image credit: FMP
Hilton Worldwide Holdings (NYSE:HLT) announced Q4 results that exceeded expectations for earnings and revenues.
In the fourth quarter, Hilton reported an EPS of $1.68, surpassing the $1.56 forecast. The company's quarterly revenue also slightly beat expectations at $2.61 billion, against a consensus of $2.6 billion.
The hotel operator expanded its portfolio to 7,530 locations, marking a 5.1% growth from the previous year and exceeding the anticipated 7,500 locations.
Hilton's adjusted EBITDA margin saw an improvement to 69.3%, up from 68.6% the year prior, and outdid the 66.9% forecast by analysts. For the 2024 fiscal year, Hilton forecasts an EPS range of $6.80 to $6.94, below the analyst consensus of $7.07.
Other Blogs
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
Budget-Friendly Trading Laptops: Maximizing Value without Compromising Performance
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Understanding Profitability Metrics: Exploring ROE, ROA, and Net Profit Margin
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
The easiest way to calculate stock’s target price and why the target price is important.
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
