Hilton Grand Vacations Q2 net income attributable to stockholders fell to $12 million from $25 million a year earlier; GAAP diluted EPS dropped to $0.15 from $0.25.
GAAP total revenues rose to $1.36 billion from $1.27 billion; results included a $54 million net construction deferral impact on revenue.
Non-GAAP adjusted EBITDA attributable to stockholders increased to $265 million from $233 million; it included a $28 million net construction deferral impact.
Operating metrics and capital return
Contract sales edged down to $810 million from $834 million; tours rose 6.1% while VPG fell 8.6%.
The company repurchased 3.1 million shares for $150 million.
Hilton Grand Vacations reiterated excluding deferrals and recognitions of .