trending Market Intelligence /marketintelligence/en/news-insights/trending/JlGy2tlgWvNHNAbOLDPb_g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Hilton Worldwide Q1 attributable net income rises YOY

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Hilton Worldwide Q1 attributable net income rises YOY

HiltonWorldwide Holdings Inc. reported first-quarter net incomeattributable to its stockholders of $309 million, or 31 cents per share,compared to $150 million, or 15 cents per share, in the prior-year period.

EPS, adjusted for special items, was 17 cents for the 2016first quarter, compared to 12 cents in the same period in 2015.

Adjusted EBITDA for the first quarter increased 9%, to $653million from $599 million in the 2015 first quarter, and the adjusted EBITDAmargin increased 187 basis points.

The S&P Capital IQ consensus EPS estimate for the firstquarter was 16 cents.

The company affirmedits 2016 full-year EPS guidance, adjusted for special items, to be between 92cents and 98 cents.

For the second quarter, the company's EPS, adjusted forspecial items, is expected to be in the range of 25 cents to 27 cents.

The S&P Capital IQ consensus estimates for 2016second-quarter and full-year EPS are 26 cents and 95 cents, respectively.

For the 2016 full year, systemwide RevPAR is expected toincrease between 3.0% and 5.0% on a comparable and currency neutral basis, withownership segment RevPAR expected to increase between 3.0% and 5.0% on acomparable and currency-neutral basis as compared to 2015, the company said.

Hilton Worldwide opened 67 hotels about 9,200 rooms in thefirst quarter. Systemwide comparable RevPAR rose 2.1% in the first quarter on acurrency-neutral basis from the same period in 2015.

The company declared a regular quarterly cash dividend of 7cents per share to be paid on or before June 17 to shareholders of record ofits common stock as of May 20.