Hilton's Q2 adjusted EPS met analyst expectations.
Q2 revenue rose to $3.34 billion; system-wide RevPAR increased 3.9% year over year.
The company returned $966 million to shareholders through share repurchases and dividends in Q2.
Key details and analyst coverage
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$3.34 bln
Q2 Adjusted EPS
Meet
$2.29
$2.29 (21 Analysts)
Q2 EPS
$2.10
Q2 Net Income
$482 mln
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 12 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the hotels, motels & cruise lines peer group is "buy".
Wall Street's median 12-month price target for Hilton Worldwide Holdings Inc is $353.00, about 6.7% above its July 27 closing price of $330.85.
The stock recently traded at 34 times the next 12-month earnings versus a P/E of 32 three months ago.