Hilton Worldwide Holdings, Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Hilton Worldwide Holdings, Inc. (HLT) released earnings for its first quarter that increased from the same period last year.

The company's bottom line totaled $161 million, or $0.51 per share. This compares with $47 million, or $0.14 per share, in last year's first quarter.

Excluding items, Hilton Worldwide Holdings, Inc. reported adjusted earnings of $175 million or $0.55 per share for the period.

Analysts had expected the company to earn $0.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.9% to $2.07 billion from $1.90 billion last year.

Hilton Worldwide Holdings, Inc. earnings at a glance:

-Earnings (Q1): $175 Mln. vs. $125 Mln. last year. -EPS (Q1): $0.55 vs. $0.38 last year. -Analysts Estimate: $0.51 -Revenue (Q1): $2.07 Bln vs. $1.90 Bln last year.

-Guidance: Next quarter EPS guidance: $0.66 and $0.70 Full year EPS guidance: $2.62 and $2.71