Hilton Worldwide tops Q2 earnings view

The Hotels & Motels company announced earnings per share of $0.12 against a consensus Street estimate of $0.12, matching the average estimate. Hilton Worldwide Holdings also updated its Q3 guidance to $0.21-0.23 EPS.

In the most recent quarter, Hilton Worldwide Holdings Inc. 11,579,528 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $27.92 and a 200 day moving average of $28.45. The 52-week high of the share price is $31.6 and the 52-week low is $20.72. The company has a market cap of $26,493 million and the number of outstanding shares have been calculated to be 987,449,000 shares.

Zimmer Biomet Holdings (NYSE:ZBH) last posted its quarterly earnings results on Thursday, April 30th.

Earnings surprises occur when a company’s actual reported earnings differ from the consensus analyst estimates. Analysts surveyed by Thomson Reuters expected $2.92 billion in revenue.

In all for the quarter, Hilton reported a profit of $161 million, or 16 cents a share, down from $209 million, or 21 cents, a year earlier.

Hilton Worldwide Holdings Inc. has dropped 1% in the last five trading days, however, the shares have posted positive gains of 1.39% in the last 4 weeks.

The company also recently disclosed a quarterly dividend, which will be distributed on Friday, September 25th. Stockholders of record on Friday, May 15th were given a dividend of $0.22 per share. Year-to-Date the stock performance stands at 2.84%.

Several analysts have issued reports on the company. Evercore ISI reaffirmed a “hold” rating and set a $32.00 price target (up previously from $31.00) on shares of Hilton Worldwide Holdings in a research note on Saturday, June 6th. Barclays restated an “overweight” rating and set a $34.00 target price on shares of Hilton Worldwide Holdings in a research note on Wednesday, July 8th. The 12-month consensus mean price target for the shares is $33.25, which suggests a 25.51% upside over their previous closing price of $26.49. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the stock. The company now has a consensus rating of Buy and an average target price of $31.39. Hilton Worldwide Holdings Inc. The shares were sold at an average price of $110.34, for a total transaction of $3,376,404.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. As of December 3, 2013, the Company operated 4,080 hotels, resorts and timeshare properties, which consisted of 671,926 rooms in 90 countries and territories.