Hilton Grand Vacations Q3 adjusted EPS beats estimates; cuts guidance
HGV•Hilton Grand Vacations reported Q3 adjusted EPS of $4.03, above the $1.06 analyst consensus, and revenue of $1.961 billion. It lowered 2026 adjusted EBITDA guidance to $1.165 billion-$1.180 billion after contract sales fell 11% year over year.
1. Quarterly results
Hilton Grand Vacations reported Q3 adjusted EPS of $4.03, compared with analyst expectations of $1.06. Revenue rose to $1.961 billion, while net income was $291 million and adjusted EBITDA was $609 million. Results included $296 million in net construction recognition, primarily related to a Hawaii project.
2. Lowered outlook
The company lowered its 2026 adjusted EBITDA guidance to $1.165 billion-$1.180 billion. Contract sales fell 11% year over year as sales initiatives took longer to ramp than anticipated, CEO Mark Wang said. Hilton Grand Vacations repurchased $110 million in shares during Q3 and said its execution initiatives will take longer to ramp than previously expected.
