NEW YORK (TheStreet) -- Shares of Hilton Worldwide (HLT) - Get Report  are falling 2.35% to $23.31 this morning after the McLean, VA-based hospitality company posted worse-than-expected second quarter results before today's market open. 

Hilton reported adjusted earnings of 25 cents per share, missing analysts estimates by a penny. Revenue rose to $3.05 billion falling short of analysts projected $3.06 billion. 

Last year, the company posted earnings of 25 cents per share on revenue of $2.92 billion. 

Additionally, Hilton Worldwide plans to split the company into three publicly traded entities, including Hilton Worldwide Holdings, Park Hotels & Resorts and Hilton Grand Vacations. If approved by the board, the spin-off is expected to be complete by the end of 2016. 

Full-year guidance for Hilton's pro-forma adjusted EBITDA is projected to be between $1.75 billion and $1.8 billion, Park Hotel & Resorts' pro forma adjusted EBITDA is expected to be in the range of $770 million and $800 million and Hilton Grand Vacations' pro forma adjusted EBITDA is expected to be between $370 million and $390 million. 

System-wide comparable RevPAR grew 2.9% year-over-year. 

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:

We rate HILTON WORLDWIDE HOLDINGS as a Buy with a ratings score of B+. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: HLT

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