Hilton Reports Mixed Q2, Raises Full-Year Forecast As Near-Term Outlook Disappoints - Hilton Worldwide Ho

• Hilton Worldwide Holdings shares are under pressure. Why is HLT stock trading lower?

Hilton Quarterly Details

Adjusted EPS of $2.29 came in line with analyst expectations. Revenue reached $3.341 billion, slightly above the $3.327 billion consensus estimate.

Adjusted EBITDA rose to $1.054 billion from $1.008 billion a year ago.

CFO Kevin Jacobs said that quarterly net income and adjusted EBITDA benefited from stronger-than-expected RevPAR growth and $17 million in non-RevPAR-related items that were previously anticipated for the second half of the year.