Hilton Worldwide Holdings, Inc. Announces 30% Advance In Q4 Profit

(RTTNews) - Hilton Worldwide Holdings, Inc. (HLT) reported a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $214 million, or $0.22 per share. This was higher than $165 million, or $0.17 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.1% to $2.86 billion. This was up from $2.83 billion last year.

Hilton Worldwide Holdings, Inc. earnings at a glance:

-Earnings (Q4): $214 Mln. vs. $165 Mln. last year. -Earnings Growth (Y-o-Y): 29.7% -EPS (Q4): $0.22 vs. $0.17 last year. -EPS Growth (Y-o-Y): 29.4% -Analysts Estimate: $0.22 -Revenue (Q4): $2.86 Bln vs. $2.83 Bln last year. -Revenue Change (Y-o-Y): 1.1%

-Guidance: Next quarter EPS guidance: $0.15 - $0.17