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Hilton Grand Vacations Shares Rise After Q1 Results Beat Estimates

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Hilton Grand Vacations' (HGV) shares were up more than 5% in Thursday trading after the company reported better-than-expected Q1 results.

The company reported Q1 adjusted earnings of $0.99 per diluted share, up from $0.09 a year earlier.

Analysts polled by FactSet expected $0.56.

Total revenues for the quarter ended March 31 rose to $1.29 billion from $1.15 billion a year earlier.

Analysts surveyed by FactSet expected $1.27 billion.

Price: $45.75, Change: $+2.35, Percent Change: +5.41%

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