Hilton Worldwide Holdings (HLT) Stock

Hilton Worldwide Holdings' stock has increased by more than 40% since my initial article. Although the growth in revenue per available room is slowing down, the number of rooms is still increasing significantly. Hilton has a solid pipeline that can ensure strong growth for many years ahead.

Hilton Worldwide (HLT) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Steve Hilton, a contributor for Fox News, believes that the people of California are looking for 'change.'

Hilton's stock increased by 57% in the last year, but it fell by 2% after the third quarter earnings report and less encouraging forecasts. Although Hilton's Q3 earnings exceeded earnings per share predictions, it did not meet revenue expectations, even with strong adjusted EBITDA growth and good profit margins from its franchising model. Despite slower growth in its current operations, Hilton's ambitious expansion plans and income from franchise fees are expected to support strong long-term earnings and returns on capital.

HLT's results for the third quarter of 2024 show significant growth in revenue per available room, thanks to higher occupancy levels and increased average daily rates.

The financial results for Hilton Worldwide (HLT) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics to Wall Street predictions and figures from the same period last year.

MCLEAN, Va.--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) has announced its results for the third quarter of 2024. Key points include a diluted EPS of $1.38 and an adjusted diluted EPS of $1.92, with a net income of $344 million. Additionally, the adjusted EBITDA for the quarter was $904 million, and the system-wide comparable RevPAR rose by 1.4 percent, excluding currency effects.

HLT's performance in the third quarter of 2024 probably improved due to its development projects, strategic partnerships, and increases in RevPAR.

Hilton Worldwide (HLT) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.