Home ยป Hilton Grand Vacations Q4 Misses EPS Estimates, Boosts Share Repurchase

Hilton Grand Vacations Q4 Misses EPS Estimates, Boosts Share Repurchase

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Hilton Grand Vacations Inc. (NYSE:HGV) shares are trading higher on Thursday in the premarket session.

The company reported fourth-quarter adjusted earnings per share of 49 cents, missing the street view of 76 cents. Quarterly sales of $1.28 billion were in line with the street view, higher than $1.019 billion in the year-ago period.

Total revenues were affected by a net deferral of $90 million in the current period compared to a net deferral of $21 million in the same period in 2023.

Adjusted EBITDA attributable to stockholders for the fourth quarter was $240 million compared to $270 million for …

Full story available on Benzinga.com

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