Hilton Grand Vacations (NYSE:HGV) Issues Earnings Results, Misses Expectations By $0.40 EPS
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Hilton Grand Vacations (NYSE:HGV) reported quarterly earnings of $0.09 EPS, missing estimates of $0.49 by $0.40. Revenue was $1.15 billion, below the expected $1.25 billion, marking a 0.7% decline from the previous year. The company had a return on equity of 16.44% and a net margin of 2.01%. Following the earnings report, HGV shares rose 6.1% to $39.03. Analysts have mixed ratings, with a consensus rating of "Hold" and an average target price of $46.00.
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