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.