Reports Q1 revenue $2.69B, consensus $2.71B. Reports Q1 System-wide comparable RevPAR increased 2.5%, on a currency neutral basis, vs. last year. Christopher J. Nassetta, President & CEO of Hilton (HLT), said, “We are pleased with our first quarter results, with strong bottom line performance, even with somewhat weaker macroeconomic conditions. Additionally, we expect our industry-leading brands and powerful commercial engines to continue to drive strong net unit growth. Overall, we remain optimistic about our growth opportunities and are well positioned to continue creating value for our stakeholders in 2025 and beyond.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HLT:
- Notable companies reporting before tomorrow’s open
- HLT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- ABNB, HLT, BKNG: Federal Reserve Data Shows Canadian Travel Boycott Impacting U.S. Economy
- Hilton price target lowered to $241 from $251 at Morgan Stanley
- Hilton price target lowered to $233 from $287 at Barclays
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue