Hilton Worldwide Holdings, Inc. Reports 10% Decline In Q1 Earnings

(RTTNews) - Hilton Worldwide Holdings, Inc. (HLT) reported earnings for first quarter that lost ground from last year.

The company said its earnings came in at $154 million, or $0.47 per share. This was down from $171 million, or $0.51 per share, in last year's first quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $2.16 billion. This was up from $2.08 billion last year.

Hilton Worldwide Holdings, Inc. earnings at a glance:

-Earnings (Q1): $154 Mln. vs. $171 Mln. last year. -Earnings Decline (Y-o-Y): -9.9% -EPS (Q1): $0.47 vs. $0.51 last year. -EPS Decline (Y-o-Y): -7.8% -Analysts Estimate: $0.28 -Revenue (Q1): $2.16 Bln vs. $2.08 Bln last year. -Revenue Change (Y-o-Y): 3.8%

-Guidance: Next quarter EPS guidance: $0.47 - $0.51 Full year EPS guidance: $1.73 - $1.81