NYSE$HGV

Hilton Grand Vacations Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported record results for the first quarter, raised full year outlook and cost synergy target, and announced share repurchase program.

Hilton Grand Vacations reported record first quarter results with total revenues of $779 million and net income of $51 million. The company raised its full year outlook and cost synergy target, and announced a share repurchase program.

  • Total contract sales in the first quarter were $509 million, 96% of pro-forma combined Q1 2019 contract sales.
  • Member count increased for the seventh straight quarter. Diamond added nearly 1,600 net new members in the quarter.
  • Total revenues for the first quarter were $779 million compared to $235 million for the same period in 2021.
  • Net income for the first quarter was $51 million compared to ($7) million net loss for the same period in 2021.

Headline financials

Total Revenue

$779M

Previous: $235M+231.5%
EPS (adj)

$0.42

Previous: -$0.08+625.0%
Capital Expenditures

-$8M

Previous: -$1M-700.0%
Free Cash Flow

$42.8M

Previous: -$7.77M+650.3%
Net Income

$50.8M

Previous: -$6.77M+849.8%
Operating Income

$645M

Previous: $198M+225.8%
Gross Profit

$738M

Previous: $235M+214.0%
Cash & Equivalents

$514M

Previous: $400M+28.5%
Total Assets

$8.44B

Previous: $3.11B+171.1%
Stock-Based Comp

$11M

Previous: $4M+175.0%

Revenue & EPS history

Hilton Grand Vacations · Revenue · Quarterly

$779M

Q1 2022+231.5%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The Company is raising its Deferral Adjusted EBITDA range to $960 million to $990 million, from the prior range of $915 million to $935 million.

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 2022

Historical avgQ1 2022

-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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