Hilton Grand Vacations Q1 Adjusted EPS, Revenue Decrease; Shares Rise

MT Newswires Live
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Hilton Grand Vacations (HGV) shares were up 5.7% in recent trading Thursday even after the company reported lower Q1 adjusted earnings and revenue that were also below expectations.

The company reported Q1 adjusted earnings Thursday of $0.09 per diluted share, down from $0.95 a year earlier.

Analysts polled by FactSet expected $0.53.

Revenue for the quarter ended March 31 was $1.15 billion, down from $1.16 billion a year earlier.

Analysts surveyed by FactSet expected $1.25 billion.

Price: 35.55, Change: +1.92, Percent Change: +5.69

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