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Hilton Worldwide Holdings Inc. (HLT) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2023, Hilton Worldwide Holdings Inc. (HLT) reported revenue of $2.29 billion, up 33.2% over the same period last year. EPS came in at $1.24, compared to $0.71 in the year-ago quarter.

The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $2.26 billion. With the consensus EPS estimate being $1.14, the EPS surprise was +8.77%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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Here is how Hilton Worldwide Holdings Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • RevPAR Growth - System-wide: 30% compared to the 27.87% average estimate based on three analysts.

  • Revenues- Owned and leased hotels: $248 million compared to the $235.21 million average estimate based on six analysts. The reported number represents a change of +65.3% year over year.

  • Revenues- Other revenues: $35 million compared to the $22.41 million average estimate based on six analysts. The reported number represents a change of +94.4% year over year.

  • Revenues- Incentive management fees: $65 million versus $49.17 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +91.2% change.

  • Revenues- Franchise and licensing fees: $508 million versus $521.85 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +23% change.

  • Revenues- Base and other management fees: $80 million versus the five-analyst average estimate of $77.67 million. The reported number represents a year-over-year change of +45.5%.

  • Revenues- Other revenues from managed and franchised properties: $1.36 billion versus $1.38 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +29.1% change.

View all Key Company Metrics for Hilton Worldwide Holdings Inc. here>>>

Shares of Hilton Worldwide Holdings Inc. have returned +10.4% over the past month versus the Zacks S&P 500 composite's +2.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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