Hilton Grand Vacations Shares Rise After Q1 Results Beat Estimates
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%