NYSE$HGV

Hilton Grand Vacations Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Hilton Grand Vacations' Q2 2021 results were reported, showing a recovery driven by increased tour flow and strong buyer behavior.

Hilton Grand Vacations reported a strong second quarter in 2021, with total revenues of $334 million, net income of $9 million, and adjusted EBITDA of $70 million. The company saw a significant increase in tour flow and contract sales, and the acquisition of Diamond Resorts is expected to close imminently.

  • Contract sales in the second quarter were $259 million.
  • Member count increased for the fourth straight quarter, and Net Owner Growth (NOG) for the 12 months ended June 30, 2021 returned to growth, at 0.5%.
  • Total revenues for the second quarter were $334 million compared to $123 million for the same period in 2020.
  • Net income for the second quarter was $9 million compared to ($48) million net loss for the same period in 2020.

Headline financials

Total Revenue

$334M

Previous: $123M+171.5%
EPS (adj)

$0.10

Previous: -$0.56+117.9%
Capital Expenditures

-$4M

Previous: -$4M+0.0%
Free Cash Flow

$4.7M

Previous: -$51.8M+109.1%
Net Income

$8.7M

Previous: -$47.8M+118.2%
Operating Income

$290M

Previous: $101M+187.1%
Gross Profit

$334M

Previous: $123M+171.5%
Cash & Equivalents

$318M

Previous: $733M-56.6%
Total Assets

$4.51B

Previous: $3.64B+24.0%
Stock-Based Comp

$14M

Previous: $6M+133.3%

Revenue & EPS history

Hilton Grand Vacations · Revenue · Quarterly

$334M

Q2 2021+171.5%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

The transaction is expected to close in early August 2021, and remains subject to customary closing conditions.

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 Q2 2021

Historical avgQ2 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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