NYSE$HGV

Hilton Grand Vacations Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Hilton Grand Vacations reported Q4 2023 results, with revenue increasing and adjusted EBITDA exceeding revised guidance.

Hilton Grand Vacations Inc. reported fourth quarter 2023 results with total revenues of $1,019 million compared to $992 million for the same period in 2022. Net income for the fourth quarter was $68 million, compared to $78 million for the same period in 2022. Adjusted EBITDA for the fourth quarter was $270 million, compared to $252 million for the same period in 2022.

  • Total revenues for the fourth quarter were $1,019 million, up from $992 million in the same period in 2022.
  • Net income for the fourth quarter was $68 million, compared to $78 million for the same period in 2022.
  • Adjusted EBITDA for the fourth quarter was $270 million, compared to $252 million for the same period in 2022.
  • The company repurchased 2.7 million shares of common stock for $99 million during the quarter.

Headline financials

Total Revenue

$1.02B

Previous: $992M+2.7%
EPS (adj)

$1.01

Previous: $1.01+0.0%
Capital Expenditures

-$28M

Previous: $33M-184.8%
Net Income

$68M

Previous: $78M-12.8%
Operating Income

$108M

Previous: $92M+17.4%
Gross Profit

$586M

Previous: $313M+87.2%
Stock-Based Comp

$2M

Previous: $6M-66.7%

Revenue & EPS history

Hilton Grand Vacations · Revenue · Quarterly

$1.02B

Q4 2023+2.7%vs Q4 2022
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

The Company expects full-year 2024 Adjusted EBITDA excluding deferrals and recognitions to be in a range of $1.2 billion to $1.26 billion, inclusive of the operations of Bluegreen Vacations and expected synergies.

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 Q4 2023

Historical avgQ4 2023

-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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