Hilton Grand Vacations Inc. (NYSE:HGV) seller of vacation ownership intervals, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.19 per share.
Looking ahead, the full year loss are expected at $ 0.39 per share on the revenues of $ 1003.92 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.28 ~ $ 2.39 per share
Click Here For More Historical Outlooks Of Hilton Grand Vacations Inc.
Previous Quarter Performance
Hilton Grand Vacations Inc. came out with loss for the second quarter of $ 0.56 per share, from the revenue of $ 123.00 million. The quarterly revenues dropped 72.93 percent compared with the same quarter last year. Wall street analysts are predicting, HGV to report 2Q20 loss of $ 0.48 per share from revenue of $ 131.23 million. The bottom line results missed street analysts by $ 0.08 or 16.67 percent, at the same time, top line results fell short of analysts by $ 8.23 million or 6.27 percent.
Stock Performance
Shares of Hilton Grand Vacations Inc. traded low $ -1.53 or -6.89 percent on Wednesday, reaching $ 20.68 with volume of 1.29 million shares. Hilton Grand Vacations Inc. has traded high as $ 21.87 and has cracked $ 20.58 on the downward trend
According to the previous trading day, closing price of $ 20.68, representing a 168.24 % increase from the 52 week low of $ 8.28 and a 39.25 % decrease over the 52 week high of $ 36.56.
The company has a market capital of $ 1.76 billion and is part of the Consumer Cyclical sector and Resorts & Casinos industry.
Conference Call
Hilton Grand Vacations Inc. will be hosting a conference call at 11:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hgv.com
Hilton Grand Vacations Inc., a timeshare company, develops, markets, and operates vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.
