Hilton Grand Vacations Earnings Reports

Hilton Grand Vacations reported Q4 2024 revenue of $1.284 billion, up from $1.019 billion in the prior year. Net income attributable to stockholders was $20 million, a sharp decline from $68 million in Q4 2023, impacted by a $49 million net construction deferral. EPS dropped to $0.19 from $0.62, while adjusted EPS fell to $0.49 from $1.01. The company repurchased 3.2 million shares during the quarter for $125 million.

Hilton Grand Vacations reported a revenue of $1.306 billion for the third quarter of 2024, compared to $1.018 billion for the same period in 2023. Net income attributable to stockholders for the third quarter was $29 million, with diluted EPS at $0.28. The company is reiterating its guidance for the full year 2024 Adjusted EBITDA, excluding deferrals and recognitions, of $1.075 billion to $1.135 billion.

Hilton Grand Vacations reported a revenue increase to $1.235 billion, but experienced a decrease in net income to $2 million and a diluted EPS of $0.02. The company faced sales challenges and a pullback in consumer spending. Despite these challenges, the integration of Bluegreen Vacations remains on track, with solid underlying business fundamentals including a growing member base and increased geographic diversity.

Hilton Grand Vacations Inc. reported its first quarter 2024 results. Total revenues increased to $1,156 million compared to $934 million for the same period in 2023. The company reported a net loss attributable to stockholders of $(4) million, while adjusted EBITDA attributable to stockholders was $273 million.

Hilton Grand Vacations Inc. reported fourth quarter 2023 results with total revenues of $1,019 million compared to $992 million for the same period in 2022. Net income for the fourth quarter was $68 million, compared to $78 million for the same period in 2022. Adjusted EBITDA for the fourth quarter was $270 million, compared to $252 million for the same period in 2022.

Hilton Grand Vacations reported a decrease in total revenues to $1,018 million, compared to $1,116 million in the same period of 2022. Net income decreased to $92 million from $150 million year-over-year, and diluted EPS decreased to $0.83 from $1.24 year-over-year. The results were impacted by a net deferral of $7 million and approximately $10 million due to the Maui wildfires.

Hilton Grand Vacations reported a strong second quarter with increased total revenues of $1,007 million compared to $948 million in the same period last year. Net income increased to $80 million from $73 million year-over-year, and the member count reached 522,000. The company reiterated its 2023 guidance for adjusted EBITDA excluding deferrals and recognitions.

Hilton Grand Vacations reported a strong first quarter in 2023, with total revenues increasing to $934 million compared to $779 million in the same period of 2022. Net income also rose to $73 million from $51 million in the previous year, and Adjusted EBITDA reached $218 million, up from $202 million in 2022.

Hilton Grand Vacations Inc. reported Q4 2022 results with total revenues of $992 million, a net income of $78 million, and adjusted EBITDA of $252 million. The company saw growth in contract sales and made advancements in integrating Diamond Resorts.

Hilton Grand Vacations Inc. (HGV) reported a strong third quarter in 2022, with total revenues of $1,116 million compared to $928 million in the same period in 2021. Net income increased to $150 million, compared to $99 million in the prior year. Adjusted EBITDA was $338 million. The company is raising its 2022 guidance for Adjusted EBITDA excluding deferrals and recognitions to be in a range of $1,025 million to $1,045 million.

Hilton Grand Vacations Inc. reported second quarter 2022 results with total revenues of $948 million compared to $334 million for the same period in 2021. Net income for the second quarter was $73 million compared to $9 million net income for the same period in 2021. Diluted EPS for the second quarter was $0.60 compared to $0.10 for the same period in 2021. Adjusted EBITDA for the second quarter was $273 million compared to $70 million for the same period in 2021.

Hilton Grand Vacations reported record first quarter results with total revenues of $779 million and net income of $51 million. The company raised its full year outlook and cost synergy target, and announced a share repurchase program.

Hilton Grand Vacations reported a strong fourth quarter in 2021, marked by significant revenue growth and profitability, driven by the acquisition of Diamond Resorts and a rebound in travel demand. The company's strategic focus on integration and remodeling efforts positions it for continued success.

Hilton Grand Vacations reported a strong third quarter with total revenues of $928 million, net income of $99 million, and adjusted EBITDA of $340 million. The company's acquisition of Diamond Resorts contributed significantly to the results, with $143 million in contract sales and $89 million in adjusted EBITDA. The integration process is proceeding as planned, and the company is realizing substantial cost synergies.

Hilton Grand Vacations reported a strong second quarter in 2021, with total revenues of $334 million, net income of $9 million, and adjusted EBITDA of $70 million. The company saw a significant increase in tour flow and contract sales, and the acquisition of Diamond Resorts is expected to close imminently.

Hilton Grand Vacations reported a total revenue of $235 million for Q1 2021, compared to $351 million for the same period in 2020. The company experienced a net loss of $7 million, a decrease from the $8 million net income reported in Q1 2020. Adjusted EBITDA for the quarter was $42 million, up from $33 million in the previous year.

Hilton Grand Vacations' Q4 2020 results were significantly impacted by the COVID-19 pandemic, with total revenues decreasing to $212 million and a net loss of $154 million. The results included a non-cash impairment expense of $209 million. However, the company saw sequential revenue and profitability growth since restarting operations and ended the year with a strong liquidity position.

Hilton Grand Vacations reported a decrease in total revenues to $208 million compared to $466 million for the same period in 2019. Net loss for the third quarter was ($7) million, a significant drop from the $50 million net income in the same period of the previous year. Despite these challenges, the company delivered positive adjusted EBITDA of $19 million and expects to deliver positive adjusted free cash flow for the full-year 2020.

Hilton Grand Vacations focused on streamlining spending, protecting recurring revenue streams, growing demand, and safeguarding its liquidity position. The company implemented enhanced care guidelines, executed a term securitization, expanded virtual sales, and reopened properties. They also amended credit agreements and launched targeted offers to members.

Hilton Grand Vacations' first quarter results were significantly impacted by the COVID-19 pandemic, with total revenues decreasing to $351 million compared to $450 million in the same period of 2019, and net income dropping to $8 million from $55 million. The company implemented measures to mitigate the challenges, including cost structure adjustments and spending plan revisions. Contract sales decreased by 24% year-over-year, while net owner growth for the 12 months ended March 31, 2020, was 5.3%.

Hilton Grand Vacations Inc. reported a decrease in total revenues for the fourth quarter of 2019, with a net income of $72 million compared to $120 million for the same period in 2018. The total revenues were $468 million compared to $642 million for the same period in 2018. Diluted EPS for the fourth quarter was $0.83 compared to $1.24 for the same period in 2018.