Hilton Worldwide Projects Q3, FY16 Earnings Below Estimates - Quick Facts

(RTTNews) - Hilton Worldwide Holdings Inc. (HLT) announced its full year 2016 EPS, adjusted for special items, is projected to be between $0.87 and $0.91. System-wide RevPAR is expected to increase between 2.0 percent and 4.0 percent on a comparable and currency neutral basis. Analysts polled by Thomson Reuters expect the company to report profit per share of $0.95. Analysts' estimates typically exclude special items.

For the third-quarter, the company projects EPS, adjusted for special items, to be between $0.21 and $0.23. System-wide RevPAR is expected to increase between 2.0 percent and 4.0 percent on a comparable and currency neutral basis. Analysts polled by Thomson Reuters expect the company to report profit per share of $0.27.

The company noted that its full year 2016 and third quarter outlooks do not include the effects of the spin-offs, including potential transaction costs.

EPS, adjusted for special items, was $0.25 for both the three months ended June 30, 2016 and 2015. On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $0.26 for the quarter. System-wide comparable RevPAR increased 2.9 percent for the second quarter on a currency neutral basis from the same period in 2015.