trending Market Intelligence /marketintelligence/en/news-insights/trending/mRB6OXcFyYnIlPvPmanIow2 content esgSubNav
In This List

Hilton Worldwide Q3 adjusted EPS up 13% YOY

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


Hilton Worldwide Q3 adjusted EPS up 13% YOY

Hilton Worldwide Holdings Inc. said its third-quarter adjusted EPS rose 13% year over year to $1.05.

EPS for the period was $1, an increase of 85.2% from 54 cents in the year-earlier period.

The S&P Global Market Intelligence consensus EPS estimate for the third quarter was $1.02.

Net income attributable to Hilton stockholders totaled $288.0 million, an increase of 77.8% from $162.0 million in the year-earlier period. Adjusted EBITDA rose 8.6% on an annual basis to $605.0 million from $557.0 million.

Increased occupancy drove the company's systemwide comparable revenue per available room to rise 0.4% year over year during the third quarter on a currency neutral basis.

The company approved 25,200 new rooms for development during the three months to Sept. 30, increasing its pipeline to 379,000 rooms as of September-end.

Hilton estimates EPS adjusted for special items between 91 cents and 96 cents for the fourth quarter and between $3.81 and $3.86 for the full year.

The S&P Global Market Intelligence consensus EPS estimate for the fourth quarter and full year are 99 cents and $3.87, respectively.

During the third quarter, Hilton completed the sale of Hilton Odawara Resort & Spa in Japan and recognized a pretax gain of $81 million. The company entered into a 30-year management contract with the hotel's buyer.