Hilton Grand Vacations Inc is a leading global vacation ownership company that offers high-quality, flexible vacation opportunities through its network of resorts and properties
The company specializes in providing timeshare experiences, allowing members to enjoy spacious accommodations and a variety of amenities in popular travel destinations. Hilton Grand Vacations focuses on creating memorable travel experiences for its customers by promoting leisure and family-oriented vacations, while also emphasizing sustainable tourism practices. Through its innovative programs and commitment to customer satisfaction, the company aims to enhance the overall vacation experience for its members and guests.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the travel and vacation providers stocks, including Soho House (NYSESHCO) and its peers.
Since June 2024, Hilton Grand Vacations has been in a holding pattern, posting a small loss of 1.9% while floating around $40.28. The stock also fell short of the S&P 500’s 11.9% gain during that period.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how travel and vacation providers stocks fared in Q3, starting with Marriott Vacations (NYSEVAC).
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Hilton Grand Vacations (NYSEHGV) and the rest of the travel and vacation providers stocks fared in Q3.
Timeshare vacation company Hilton Grand Vacations (NYSEHGV) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 28.3% year on year to $1.31 billion. Its GAAP profit of $0.28 per share was 60.2% below analysts’ consensus estimates.
HGV stock results show that Hilton Grand Vacations missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
Hilton Grand Vacations Inc (HGV) reported Q1 FY24 sales of $1.16B, up from $934M last year. Adjusted EBITDA rose to $273M and EPS beat estimates at $0.95.
Mizuho analyst initiates Hilton Grand Vacations coverage with a Buy rating, foreseeing FY24 EBITDA of $1.24B, citing revenue synergies and owned inventory benefits.
Hilton Grand Vacations reported Q4 FY23 results with sales at $1.02B, net owner growth at 2.0%, and adjusted EBITDA at $270M. Q4 share buyback at $99M.
Hilton Grand Vacations Inc. is a timeshare company exclusive to Hilton. This Zacks Rank #5 (Strong Sell) saw growth decelerate in the third quarter as the economy slowed.
