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Hilton's (HLT) Q4 Earnings & Revenues Top Estimates, Rise Y/Y
Hilton Worldwide Holdings Inc. HLT reported fourth-quarter 2019 results, wherein both earnings and revenues came ahead of the Zacks Consensus Estimate. While the bottom line beat estimates for the sixth straight quarter, the top line marked its third successive positive surprise.
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Hilton’s adjusted earnings of $1.00 per share surpassed the consensus mark of 95 cents and improved 6.4% on a year-over-year basis. Further, it came above management’s forecasted range of 91-96 cents per share.
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Revenues totaled $2,369 million, which surpassed the consensus mark of $2,337 million. Moreover, the reported figure improved 3.5% from the year-ago quarter. This could be attributable to continued unit expansion.
Notably, Hilton opened 143 hotels during the fourth quarter of 2019. It also achieved net unit growth of roughly 17,000 rooms.
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https://finance.yahoo.com/news/hiltons-h...02963.html
![[Bild: HLTc1dl0650.png]](https://finviz.com/publish/021220/HLTc1dl0650.png)
Hilton Worldwide Holdings Inc. HLT reported fourth-quarter 2019 results, wherein both earnings and revenues came ahead of the Zacks Consensus Estimate. While the bottom line beat estimates for the sixth straight quarter, the top line marked its third successive positive surprise.
...
Hilton’s adjusted earnings of $1.00 per share surpassed the consensus mark of 95 cents and improved 6.4% on a year-over-year basis. Further, it came above management’s forecasted range of 91-96 cents per share.
...
Revenues totaled $2,369 million, which surpassed the consensus mark of $2,337 million. Moreover, the reported figure improved 3.5% from the year-ago quarter. This could be attributable to continued unit expansion.
Notably, Hilton opened 143 hotels during the fourth quarter of 2019. It also achieved net unit growth of roughly 17,000 rooms.
...
https://finance.yahoo.com/news/hiltons-h...02963.html
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