Hilton Grand Vacations Inc reports results for the quarter ended March 31 - Earnings Summary

• Hilton Grand Vacations Inc HGV.N reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of eight analysts for the quarter was for earnings of 50 cents per share. Wall Street expected results to range from 29 cents to 59 cents per share.

• Revenue fell 0.7% to $1.15 billion from a year ago; analysts expected $1.23 billion.

• Hilton Grand Vacations Inc's reported EPS for the quarter was a loss of 17 cents​.

• The company reported a quarterly loss of $17 million.

• Hilton Grand Vacations Inc shares had fallen by 10.1% this quarter and lost 13.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.2% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the hotels, motels & cruise lines peer group is also "hold"

• Wall Street's median 12-month price target for Hilton Grand Vacations Inc is $45.00

This summary was machine generated from LSEG data May 1 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)