With Its Upcoming Earnings Release, What's Next For Hilton Grand Vacations?

March 1, 2017

Summary

  • HGV will release earnings on March 1 after the market closes.
  • HLT gave investors an early look at its 2016 performance with their recent earnings release.
  • The market has reacted positively to other timeshare companies over recent months.
  • Inside the numbers, there are a few items that investors should take a look at.

 

Hilton Grand Vacations (NYSE: HGV) announced that it will release earnings for the full year 2016 after the market closes on March 1, 2017. Although these numbers will be prior to their spin-off from Hilton Worldwide Holdings (NYSE: HLT) on January 3, 2017, this will be the first reporting of its operations as an independent, stand-alone company. Market results thus far in 2017, for other public timeshare companies, have been positive, with Wyndham Worldwide Corporation (NYSE: WYN), Marriott Vacations Worldwide Corporate (NYSE: VAC) and ILG, Inc. (NASDAQ: ILG) all currently trading at near 52 week highs. Since its opening at the beginning of the year, HGV has moved from $24 a share to now touching $30 a share, a 25% increase.

 

Source: Seeking Alpha

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Media Contact

L‍auren George
Senior Manager, External Communications
Hilton Grand Vacations

P: 1-407-613-8431 
E: [email protected]

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