Hilton Worldwide Holdings (HLT) is expected to report adjusted net income of $290.3 million, or $1.02 a share, on sales of $2.4 billion before the market opens on Wednesday, based on a FactSet survey of 19 analysts.
In the same period a year ago, the company posted earnings of 70 cents a share on sales of $2.3 billion. It reported net income of $161 million.
The company offered guidance of 98 cents a share to $1.03 a share at the time of its last earnings report on May 1. Shares have risen 2.1% since then.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Hilton Worldwide Holdings is currently trading at a price-to-forward-earnings ratio of 22.6 based on the 12-month estimates of 21 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting adjusted net income of $293.8 million, or $1.05 a share, on sales of $2.4 billion.
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