earnings
confidence high
sentiment positive
materiality 0.85
Hilton Q2 2023 EPS $1.55 ($1.63 adjusted) beats guidance; raises FY2023 outlook
Hilton Worldwide Holdings Inc.
2023-Q2 EPS reported
$2.31
revenue$4,953,000,000
- Diluted EPS $1.55 GAAP, $1.63 adjusted; net income $413M; adjusted EBITDA $811M; all exceeded high end of guidance.
- System-wide comparable RevPAR +12.1% YoY, +9.3% vs 2019; management/franchise fee revenue +16.1% YoY.
- Raised FY2023 outlook: RevPAR +10-12% YoY; net income $1,387-$1,422M; adjusted EBITDA $2,975-$3,025M; capital return $2.4-$2.6B.
- Development pipeline 440,900 rooms (+7% YoY); added 14,000 rooms in Q2; launched Project H3 extended-stay brand.
- Repurchased 3.3M shares for $470M in Q2; paid $0.15/share quarterly dividend.