Hilton Grand Vacations Inc. (HGV) saw its stock price soar 5.78% during intraday trading on Thursday.
The surge followed the company's release of its first-quarter 2026 financial results, which showed a significant earnings beat. Hilton Grand Vacations reported adjusted earnings per share of $0.99, well above the IBES estimate of $0.51. Total revenues for the quarter increased to $1.29 billion.
Furthermore, the company raised its full-year 2026 adjusted EBITDA guidance to a range of $1.225 billion to $1.265 billion, excluding deferrals and recognitions. The strong quarterly performance and optimistic updated annual forecast were the key drivers behind the positive investor reaction.