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For the quarter ended June 2024, Hilton Grand Vacations (HGV) reported revenue of $1.24 billion, up 22.6% over the same period last year. EPS came in at $0.62, compared to $0.85 in the year-ago quarter.
The reported revenue represents a surprise of -9.95% over the Zacks Consensus Estimate of $1.37 billion. With the consensus EPS estimate being $0.89, the EPS surprise was -30.34%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Hilton Grand Vacations performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Revenues- Sales of VOIs, net
: $471 million versus $550.58 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +32.7% change.
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Revenues- Cost reimbursements
: $129 million versus the three-analyst average estimate of $121.75 million. The reported number represents a year-over-year change of +33%.
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Revenues- Rental and ancillary services
: $195 million compared to the $189.13 million average estimate based on three analysts. The reported number represents a change of +12.7% year over year.
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Revenues- Sales, marketing, brand and other fees
: $167 million versus $179.78 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -3.5% change.
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Revenues- Financing
: $102 million versus the three-analyst average estimate of $115.23 million. The reported number represents a year-over-year change of +34.2%.
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Revenues- Resort and club management
: $171 million versus $168.30 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +28.6% change.
View all Key Company Metrics for Hilton Grand Vacations here>>>
Shares of Hilton Grand Vacations have returned -4.1% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report