(Amended: Corrects Net Income)
Hilton Worldwide Holdings, Inc. (HLT) revealed a profit for fourth quarter that beat the Street estimates.
The company's bottom line totaled $328 million, or $1.21 per share. This compares with $147 million, or $0.52 per share, in last year's fourth quarter.
Excluding items, Hilton Worldwide Holdings, Inc. reported adjusted earnings of $434 million or $1.59 per share for the period.
Analysts on average had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 32.6% to $2.44 billion from $1.84 billion last year.
Hilton Worldwide Holdings, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $328 Mln. vs. $147 Mln. last year.
-EPS (Q4): $1.21 vs. $0.52 last year.
-Analyst Estimates: $1.22
-Revenue (Q4): $2.44 Bln vs. $1.84 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.08 - $1.14
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