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Mar 31, 2024
Hilton Grand Vacations Q1 2024 Earnings Report
Hilton Grand Vacations reported first quarter results with increased revenue and adjusted EBITDA, while net loss occurred due to acquisition-related expenses.
Key Takeaways
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.
Total revenues for the first quarter of 2024 were $1,156 million, up from $934 million in the same period in 2023.
Net loss attributable to stockholders for the first quarter was $(4) million, compared to a net income of $73 million for the same period in 2023.
Adjusted EBITDA attributable to stockholders for the first quarter was $273 million, compared to $218 million for the same period in 2023.
The Company is reiterating its guidance for the full year 2024 Adjusted EBITDA excluding deferrals and recognitions to a range of $1.2 billion to $1.26 billion.
Forward Guidance
The Company is reiterating its guidance for the full year 2024 Adjusted EBITDA excluding deferrals and recognitions to a range of $1.2 billion to $1.26 billion.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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