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Jun 30, 2023
Hilton Grand Vacations Q2 2023 Earnings Report
Hilton Grand Vacations reported second quarter results, showcasing increased revenue and member count.
Key Takeaways
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.
Total contract sales were $612 million.
Member count reached 522,000.
Total revenues increased to $1,007 million compared to $948 million in the same period in 2022.
Net income increased to $80 million compared to $73 million for the same period in 2022.
Forward Guidance
The Company is reiterating its 2023 guidance for Adjusted EBITDA excluding deferrals and recognitions to be in a range of $1,090 million to $1,120 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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