Hilton Grand Vacations (NYSE:HGV) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$1.24b (up 36% from 2Q 2023).

• Net income: US$2.00m (down 98% from 2Q 2023).

• Profit margin: 0.2% (down from 8.8% in 2Q 2023).

• EPS: US$0.02 (down from US$0.72 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hilton Grand Vacations Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 98%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are down 13% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Hilton Grand Vacations (at least 1 which is a bit unpleasant), and understanding these should be part of your investment process.

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