NYSE$HGV

Hilton Grand Vacations Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Hilton Grand Vacations reported first quarter results, showing sequential improvement driven by optimism in leisure travel and vaccine rollouts.

Hilton Grand Vacations reported a total revenue of $235 million for Q1 2021, compared to $351 million for the same period in 2020. The company experienced a net loss of $7 million, a decrease from the $8 million net income reported in Q1 2020. Adjusted EBITDA for the quarter was $42 million, up from $33 million in the previous year.

  • Contract sales in the first quarter were $139 million.
  • Net Owner Growth (NOG) for the 12 months ended March 31, 2021, was (0.1)%.
  • Total revenues for the first quarter were $235 million compared to $351 million for the same period in 2020.
  • Adjusted EBITDA for the first quarter was $42 million compared to $33 million for the same period in 2020.

Headline financials

Total Revenue

$235M

Previous: $351M-33.0%
EPS (adj)

-$0.08

Previous: $0.40-120.0%
Capital Expenditures

-$1M

Previous: -$3M+66.7%
Free Cash Flow

-$7.77M

Previous: $4.83M-261.0%
Net Income

-$6.77M

Previous: $7.83M-186.5%
Operating Income

$198M

Previous: $330M-40.0%
Gross Profit

$235M

Previous: $351M-33.0%
Cash & Equivalents

$400M

Previous: $669M-40.2%
Total Assets

$3.11B

Previous: $3.7B-15.9%
Stock-Based Comp

$4M

Previous: -$2M+300.0%

Revenue & EPS history

Hilton Grand Vacations · Revenue · Quarterly

$235M

Q1 2021-33%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

The company anticipates the transaction to close during the summer of 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.1%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-0.1%

Avg return

30 days after

46%

19 / 41 earnings

Positive

+18.1%

Q3 2018

Best reaction

-19.1%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.2%+7.1%+19.9%
Q4 2025-3.7%-8.8%-22.1%
Q3 2025-6.7%-8.1%-3.0%
Q1 2025+9.3%+12.4%+13.5%
Q4 2024+4.9%+1.2%-7.8%
Q3 2024+5.9%+7.5%+4.1%
Q2 2024-10.2%-8.5%-5.3%
Q1 2024-2.9%-2.3%-6.8%
Q4 2023-7.2%-8.9%-2.9%
Q3 2023-6.9%-9.7%-0.8%
Q2 2023-2.8%+1.5%-2.3%
Q1 2023-2.8%-0.2%+2.5%
Q4 2022+0.3%+5.2%-6.9%
Q3 2022+17.9%+14.5%+9.8%
Q2 2022+1.6%+4.6%-7.1%
Q1 2022+2.0%+1.5%+9.1%
Q4 2021-1.4%-6.5%+0.3%
Q3 2021-3.3%-5.5%-6.1%
Q2 2021+0.5%-1.2%+6.8%
Q1 2021+0.1%+0.8%+2.7%
Q4 2020+2.4%+2.6%-5.1%
Q3 2020-0.4%+12.2%+37.8%
Q2 2020-0.8%+1.6%+13.9%
Q1 2020-9.2%-16.2%+2.9%
Q4 2019-2.1%-5.3%-36.5%
Q3 2019+2.4%+4.0%+0.4%
Q2 2019-19.1%-19.4%+3.3%
Q1 2019-6.4%-6.4%-20.7%
Q4 2018-1.9%+2.8%-4.8%
Q3 2018+18.1%+12.7%+19.2%
Q2 2018-0.2%-1.9%-5.6%
Q1 2018-4.1%-7.0%-6.0%
Q4 2015+3.0%+5.3%-0.3%
Q4 2017+0.7%+3.2%+0.0%
Q3 2016-0.7%+2.2%-3.3%
Q3 2017-0.8%-0.5%-3.1%
Q2 2016+0.0%-1.2%+1.0%
Q2 2017+0.7%-1.0%-0.1%
Q1 2016+5.9%+6.4%+5.8%
Q1 2017+3.4%+1.9%+3.7%
Q4 2016+1.4%-0.8%-4.3%
Q3 2015
Q2 2015
Q1 2015

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