Hilton (HLT) Reports Earnings Tomorrow: What To Expect

Hotel company Hilton (NYSE:HLT) will be reporting earnings this Tuesday before the bell. Here’s what to look for.

Hilton beat analysts’ revenue expectations last quarter, reporting revenues of $3.09 billion, up 10.9% year on year. It was a strong quarter for the company, with EBITDA guidance for next quarter beating analysts’ expectations and a solid beat of analysts’ revenue estimates.

Is Hilton a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Hilton’s revenue to grow 10.5% year on year, improving from the 4.7% increase it recorded in the same quarter last year.

Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing in majority downward revisions over the last 30 days. Hilton has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Hilton’s peers in the consumer discretionary - travel and vacation providers segment, some have already reported their Q1 results, giving us a hint as to what we can expect. American Airlines delivered year-on-year revenue growth of 10.8%, beating analysts’ expectations by 0.6%, and United Airlines reported revenues up 10.6%, topping estimates by 1.1%. American Airlines traded up 5.2% following the results while United Airlines was down 6.2%.

Read our full analysis of American Airlines’s results here and United Airlines’s results here.

There has been positive sentiment among investors in the consumer discretionary - travel and vacation providers segment, with share prices up 12.8% on average over the last month. Hilton is up 13.6% during the same time and is heading into earnings with an average analyst price target of $340.75 (compared to the current share price of $335.70).

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