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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Hilton Worldwide Touts Strong Growth Pipeline But Outlook Falls Short

Hilton HLT
Prague,,Czech,Republic,-,March,31:,Hilton,Hotels,And,Resorts

Hilton Worldwide Holdings Inc. (NYSE:HLT) shares are trading lower on Wednesday after the company’s third-quarter outlook fell short of the consensus despite beating second-quarter earnings and revenue estimates.

The company reported second-quarter adjusted earnings per share of $2.20, beating the analyst consensus estimate of $2.01. Quarterly sales of $3.137 billion outpaced the Street view of $3.096 billion.

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