Free Research Report as Hilton Worldwide Holdings' Revenue Grew 26.1% and Adjusted EPS Surged 86.7%

Stock Monitor: Ctrip.com Intl. Post Earnings Reporting

LONDON, UK / ACCESSWIRE / November 28, 2017 / Active-Investors' free earnings report on Hilton Worldwide Holdings Inc. (NYSE: HLT) ("Hilton") has freshly been issued to its members, and you can also sign up to view this report at www.active-investors.com/registration-sg/?symbol=HLT. The Company posted its financial results on October 26, 2017, for the third quarter of the fiscal year 2017. The hospitality Company's revenue and adjusted EPS surpassed analysts' expectations. Register today and get free access to our complimentary member's area where many more reports are available: www.active-investors.com/registration-sg.

Active-Investors.com is currently working on the research report for Ctrip.com International, Ltd. (NASDAQ: CTRP), which also belongs to the Services sector as the Company Hilton Worldwide. Do not miss out and become a member today for free to access this upcoming report at: www.active-investors.com/registration-sg/?symbol=CTRP.

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Hilton Worldwide most recent news is on our radar and we have decided to include it in our blog post. Today's free coverage is available at: www.active-investors.com/registration-sg/?symbol=HLT.

Earnings Highlights and Summary

For the three months ended September 30, 2017, Hilton's (NYSE: HLT) total revenues increased 26.1% to $2.35 billion from $1.87 billion in Q3 FY16. The revenue numbers surpassed analysts' expectations of $2.27 billion.

During Q3 FY17, the Company's occupancy increased 0.5% to 79.3% on a y-o-y basis, and Revenue per Available Room (RevPAR) increased 1.3% to $115.68 on a y-o-y basis.

During Q3 FY17, Hilton's earnings before interest, tax, depreciation, and amortization (EBITDA) increased 36.8% to $472 million from $345 million in the same period of last year. For the reported quarter, the Company's adjusted EBITDA increased 26.3% to $524 million from $415 million in the third quarter of 2016.

For the reported quarter, Hilton's D&A expenses decreased 7.8% to $83 million from $90 million in Q3 FY16. During Q3 FY17, the Company's G&A expenses decreased 2.8% to $104 million from $107 million in the comparable period of last year. For the reported quarter, the Company's total expenses increased 23.1% to $1.97 billion from $1.60 billion in Q3 FY16.

During Q3 FY17, Hilton's operating income increased 44.2% to $382 million from $265 million in the corresponding period of last year. For the reported quarter, the Company's operating margin increased 210 basis points to 16.3% of revenue from 14.2% of revenue in Q3 FY16.

For the reported quarter, Hilton's net income increased 103.4% to $181 million on a y-o-y basis from $89 million in Q3 FY16. During Q3 FY17, the Company's diluted earnings per share (EPS) increased 103.7% to $0.55 on a y-o-y basis from $0.27 in the same period of last year. For the reported quarter, Hilton's adjusted net income increased 84.8% to $183 million on a y-o-y basis from $99 million in Q3 FY16. During Q3 FY17, the Company's adjusted diluted EPS increased 86.7% to $0.56 on a y-o-y basis from $0.30 in Q3 FY16. The diluted EPS surpassed analysts' expectations of $0.50.

Segment Details

Ownership - During Q3 FY17, Hilton's Ownership segment's revenue increased 15.6% to $921 million from $797 million in the comparable period of last year. For the reported quarter, the segment's occupancy increased 0.9% to 82.2% on a y-o-y basis and RevPAR increased 6.2% to $149.32 on a y-o-y basis.

Management and Franchise - During Q3 FY17, Hilton's Management and Franchise segment's revenue increased 33.9% to $1.43 billion from $1.07 billion in the corresponding period of last year. For the reported quarter, the segment's occupancy increased 0.5% to 79.2% on a y-o-y basis and RevPAR increased 1.1% to $114.59 on a y-o-y basis.

Balance Sheet

As on September 30, 2017, Hilton's net debt increased 6.8% to $5.91 billion from $5.54 billion in Q4 FY16. For the reported quarter, the Company's capital expenditure increased 10.4% to $53 million from $48 million in Q3 FY16.

During Q3 FY17, the Company repurchased 4.3 million shares of its common stock totaling $273 million.

On September 01, 2017, the Company appointed Melanie L. Healey to its Board of Directors.

On September 26, 2017, the Company appointed Raymond E. Mabus, Jr., and Zhang Ling to its Board of Directors.

On October 24, 2017, Hilton's Board of Directors authorized a regular quarterly cash dividend of $0.15 per share of common stock, to be paid on or before December 29, 2017, to holders of record of its common stock as of the close of business on November 17, 2017.

Outlook

For Q4 FY17, Hilton expects net income to be in the range of $131 million - $144 million, and estimates adjusted diluted EPS to be in the band of $0.41 - $0.45. The Company expects adjusted EBITDA to be in the range of $453 million - $473 million for Q4 FY17.

For FY17, Hilton expects net income to be in the band of $550 million - $563 million and estimates adjusted diluted EPS to be in the range of $1.87 - $1.91. The Company expects adjusted EBITDA to be in the band of $1.92 billion - $1.94 billion for the fiscal year 2017.

Stock Performance Snapshot

November 27, 2017 - At Monday's closing bell, Hilton Worldwide's stock marginally rose 0.32%, ending the trading session at $76.00.

Volume traded for the day: 1.39 million shares.

Stock performance in the last month - up 4.86%; previous three-month period - up 20.31%; past twelve-month period - up 46.36%; and year-to-date - up 36.19%

After yesterday's close, Hilton Worldwide's market cap was at $24.29 billion.

Price to Earnings (P/E) ratio was at 767.68.

The stock has a dividend yield of 0.79%.

The stock is part of the Services sector, categorized under the Lodging industry.

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