Hilton Worldwide Holdings, Inc. Announces 49% Rise In Q1 Earnings

(RTTNews) - Hilton Worldwide Holdings, Inc. (HLT) revealed a profit for its first quarter that rose compared to the same period last year.

The company said its bottom line came in at $171 million, or $0.17 per share. This was up from $115 million, or $0.12 per share, in last year's first quarter.

Analysts had expected the company to earn $0.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.8% to $2.75 billion. This was up from $2.60 billion last year.

Hilton Worldwide Holdings, Inc. earnings at a glance:

-Earnings (Q1): $171 Mln. vs. $115 Mln. last year. -Earnings Growth (Y-o-Y): 48.7% -EPS (Q1): $0.17 vs. $0.12 last year. -EPS Growth (Y-o-Y): 41.7% -Analysts Estimate: $0.16 -Revenue (Q1): $2.75 Bln vs. $2.60 Bln last year. -Revenue Change (Y-o-Y): 5.8%

-Guidance: Next quarter EPS guidance: $0.25 - $0.27. Full year EPS guidance: $0.92 - $0.98.