NYSE$HGV

Hilton Grand Vacations Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Hilton Grand Vacations reported third quarter results in line with expectations, encouraged by early positive signs in operating metrics following strategic regionalization and staffing changes.

Hilton Grand Vacations reported a revenue of $1.306 billion for the third quarter of 2024, compared to $1.018 billion for the same period in 2023. Net income attributable to stockholders for the third quarter was $29 million, with diluted EPS at $0.28. The company is reiterating its guidance for the full year 2024 Adjusted EBITDA, excluding deferrals and recognitions, of $1.075 billion to $1.135 billion.

  • Total contract sales were $777 million.
  • Member count was 722,000.
  • Total revenues for the third quarter of 2024 were $1.306 billion.
  • Diluted EPS for the third quarter was $0.28.

Headline financials

Total Revenue

$1.31B

Previous: $1.02B+28.3%
EPS

$0.28

Previous: $0.98-71.4%
Capital Expenditures

-$27M

Previous: -$18M-50.0%
Free Cash Flow

$2M

Previous: $74M-97.3%
Net Income

$29M

Previous: $92M-68.5%
Operating Income

$902M

Previous: $821M+9.9%
Gross Profit

$1.03B

Previous: $901M+14.5%
Cash & Equivalents

$297M

Previous: $227M+30.8%
Total Assets

$11.2B

Previous: $8.01B+39.3%
Stock-Based Comp

$11M

Previous: $12M-8.3%

Revenue & EPS history

Hilton Grand Vacations · Revenue · Quarterly

$1.31B

Q3 2024+28.3%vs Q3 2023
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

The Company is reiterating its guidance for the full year 2024 Adjusted EBITDA, excluding deferrals and recognitions, of $1.075 billion to $1.135 billion.

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 Q3 2024

Historical avgQ3 2024

-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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