Hilton will report its second-quarter earnings this Tuesday before the bell, with analysts expecting revenue to grow 6.2% year on year. The company missed revenue expectations last quarter, reporting $2.94 billion, up 9% year on year, and has missed Wall Street revenue estimates multiple times over the past two years. Analysts have generally reconfirmed their estimates over the last 30 days, suggesting they expect the business to stay the course. Among peers in the consumer discretionary travel and vacation providers segment, Delta reported revenue growth of 18.7%, beating estimates by 3.9%, while Travel and Leisure posted a 4.4% revenue increase, topping estimates by 1.6%. Hilton shares are down 2.7% over the last month, heading into earnings with an average analyst price target of $351.21 compared to the current share price of $326.50.
Hilton Worldwide Holdings IncHilton is about to report Q2 earnings; analysts expect 6.2% revenue growth, but the company has missed estimates before, creating uncertainty.
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