Hilton Worldwide Holdings (HLT) Set to Announce Earnings on Friday
Hilton Worldwide Holdings (NYSE:HLT) is scheduled to announce its Q114 earnings results on Friday, May 9th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $2.34 billion for the quarter. Hilton Worldwide Holdings has set its Q1 guidance at $0.08-0.10 EPS and its FY14 guidance at $0.57-0.61 EPS.
Hilton Worldwide Holdings (NYSE:HLT) last released its earnings data on Thursday, February 27th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.05. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.47 billion. The company’s revenue for the quarter was up 13.0% on a year-over-year basis. On average, analysts expect Hilton Worldwide Holdings to post $0.60 EPS for the current fiscal year and $0.78 EPS for the next fiscal year.
Hilton Worldwide Holdings (NYSE:HLT) opened at 22.66 on Thursday. Hilton Worldwide Holdings has a 52 week low of $20.55 and a 52 week high of $25.75. The stock has a 50-day moving average of $21.88 and a 200-day moving average of $21.93. The company has a market cap of $22.311 billion and a price-to-earnings ratio of 49.24.
A number of analysts have recently weighed in on HLT shares. Analysts at MKM Partners upgraded shares of Hilton Worldwide Holdings from a “neutral” rating to a “buy” rating in a research note on Wednesday. They now have a $27.00 price target on the stock, up previously from $24.00. On the ratings front, analysts at Morgan Stanley upgraded shares of Hilton Worldwide Holdings from an “equal weight” rating to an “overweight” rating in a research note on Wednesday. They now have a $27.00 price target on the stock, up previously from $25.00. Finally, analysts at Jefferies Group initiated coverage on shares of Hilton Worldwide Holdings in a research note on Wednesday, April 16th. They set a “hold” rating and a $24.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Hilton Worldwide Holdings has an average rating of “Buy” and a consensus target price of $24.94.
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