Hilton Grand Vacations (HGV) Tops Q1 EPS by 10c

May 4, 2017

Hilton Grand Vacations (NYSE: HGV) reported Q1 EPS of $0.51, $0.10 better than the analyst estimate of $0.41.

 

  • EPS was $0.51 for the first quarter, a 6.3 percent increase from the same period in 2016.
  • Net income for the first quarter was $50 million, a 4.2 percent increase from the same period in 2016.
  • Adjusted EBITDA for the first quarter declined 2.1 percent from the same period in 2016 to $94 million.
  • Contract sales for the first quarter increased 9.5 percent from the same period in 2016.
  • Net Owner Growth for the 12 months ending March 31, 2017 was 7.2 percent.
  • During the first quarter the Company completed a securitization transaction for gross proceeds of $350 million.
  • During the first quarter the Company completed its separation from Hilton and began trading on the New York Stock Exchange under the ticker “HGV.”

 

For earnings history and earnings-related data on Hilton Grand Vacations (HGV) click here.

 

Source: Street Insider

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L‍auren George
Senior Manager, External Communications
Hilton Grand Vacations

P: 1-407-613-8431 
E: lauren.george@hgv.com

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