01.08.2014 12:10:29
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Hilton Worldwide Posts Higher Q2 Profit - Quick Facts
(RTTNews) - Hilton Worldwide Holdings, Inc. (HLT) reported Friday an increase in second-quarter 2014 net income attributable to stockholders to $209 million, or $0.21 a share, from $155 million, or $0.17 a share, last year. On average, 21 analysts polled by Thomson Reuters expected earnings of $0.19 per share for the quarter. Analysts' estimates typically exclude one-time items.
For the tri-monthly period, total revenues were $2.67 billion, compared with $2.38 billion, a year before. The Street had estimated revenues of $2.57 billion.
For the quarter, adjusted EBITDA grew over 10 percent to $651 million, from $590 million for the three months ended June 30, 2013.
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