Hilton Inc is a global hospitality company that focuses on the management and franchising of a diverse portfolio of hotels and resorts
With a presence in various regions around the world, Hilton operates a range of brands catering to different market segments, from luxury accommodations to more budget-friendly options. The company is committed to providing exceptional customer experiences, and it emphasizes innovative service, sustainable practices, and community engagement. Hilton also offers a loyalty program that rewards frequent travelers with exclusive benefits, enhancing its appeal to both leisure and business guests.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Hotel company Hilton (NYSEHLT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 6.7% year on year to $2.78 billion. Its non-GAAP profit of $1.76 per share was 4.5% above analysts’ consensus estimates.
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
Hilton's Q4 earnings exceed expectations, driven by strong RevPAR growth, room openings, and a positive 2025 outlook, with shares rising in premarket trading.
Homebuilder Meritage Homes (NYSEMTH) announced better-than-expected revenue in Q4 CY2024, but sales fell by 2.8% year on year to $1.61 billion. On the other hand, the company’s full-year revenue guidance of $6.75 billion at the midpoint came in 1.7% below analysts’ estimates. Its non-GAAP profit of $4.72 per share was significantly above analysts’ consensus estimates.
Katy Huberty, the Global Head of Research at Morgan Stanley, has spotlighted 20 stocks from companies that are likely to see significant benefits from the adoption of Artificial Intelligence (AI).
Several high-profile celebrities, including Paris Hilton, Milo Ventimiglia, and Billy Crystal, have lost their homes to the raging wildfires in Los Angeles' Pacific Palisades neighborhood.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Hilton (NYSEHLT) and the best and worst performers in the travel and vacation providers industry.
Bleisure travel offers new prospects for airlines, hotels, and booking platforms to grow their revenue, specifically JetBlue, Hilton, and Booking Holdings.
