Loading...
•
Mar 31, 2023
Hilton Q1 2023 Earnings Report
Hilton reported first quarter 2023 results and raised full year outlook.
Key Takeaways
Hilton's first quarter 2023 results showed strong momentum with system-wide RevPAR exceeding guidance, driving strong bottom-line results and free cash flow, leading to an increased Adjusted EBITDA guidance for the full year.
Diluted EPS was $0.77 for the first quarter, and diluted EPS, adjusted for special items, was $1.24.
Net income was $209 million for the first quarter.
Adjusted EBITDA was $641 million for the first quarter.
System-wide comparable RevPAR increased 30.0 percent, on a currency neutral basis, for the first quarter compared to the same period in 2022.
Revenue by Segment
Forward Guidance
Full year 2023 system-wide RevPAR is expected to increase between 8 percent and 11 percent on a comparable and currency neutral basis compared to 2022; full year net income is projected to be between $1,331 million and $1,385 million; full year Adjusted EBITDA is projected to be between $2,875 million and $2,950 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...