HGV Earnings Prediction
The chart below shows how HGV performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HGV sees a +2.92% change in stock price 10 days leading up to the earnings, and a -0.49% change 10 days following the report. On the earnings day itself, the stock moves by -2.86%. This data can give you a slight idea of what to expect for the next quarter's release.
HGV Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.18B
27.69%
6.33%
Gross Margin
9.69%
-33.90%
50.93%
Operating Margin
17.01%
-18.42%
32.48%
Net Margin
2.72%
-72.77%
655.56%
EPS
0.28
-66.27%
1300.00%
No Data Available
HGV Earnings Analysis
Hilton Grand Vacations Inc. Common Stock Corporation (HGV.N) Earnings Conference Call
Positive
Contract Sales Performance: 1. Strong Contract Sales: Reported contract sales reached $777 million for the quarter, demonstrating robust performance despite challenges from hurricanes.
VPG Increase: 2. Improved VPG: The VPG (Volume Per Guest) for the quarter was $3,392, reflecting a 9% increase over 2019 levels, indicating strong sales performance.
Membership Growth Surge: 3. Growing Membership Base: The company ended the quarter with 722,000 members, including 181,000 HGV Max members, which is a 40% increase compared to the same period last year.
Share Repurchase Commitment: 4. Significant Share Repurchases: Hilton Grand Vacations repurchased 2.8 million shares for $108 million during the quarter, demonstrating a commitment to returning capital to shareholders.
Cost Synergies Achievement: 5. Cost Synergies on Track: The company recognized $18 million in cost synergies from the Bluegreen acquisition during the quarter, on track for an annualized run rate of $72 million towards a target of $100 million.
Negative
Tour Volume Decline: 1. Decline in Tour Volume: Tours for the quarter were nearly 228,000, down approximately 2% from last year's pro forma level, indicating a decrease in customer engagement.
Bad Debt Provision Concerns: 2. High Provision for Bad Debt: The provision for bad debt as a percentage of owned contract sales was 17.7% in the quarter, reflecting ongoing credit risk concerns.
High Marketing Costs: 3. Increased Sales and Marketing Expenses: Real Estate sales and marketing expense was $384 million for the quarter, or 49% of contract sales, indicating high costs relative to sales generated.
Hurricane-Related EBITDA Loss: 4. Negative Impact from Hurricanes: The company expects a larger impact to their fourth quarter results due to poor cancellations and physical damage at several properties, estimating approximately $3 million of EBITDA loss from hurricanes.
Revised Full-Year Forecast: 5. Lowered Full-Year Guidance: The company adjusted its full-year guidance to the low end of the range, now expecting between $1.075 billion to $1.135 billion, primarily due to hurricane impacts and other operational challenges.
HGV FAQs
How does HGV typically perform around its earnings report dates?
Is Hilton Grand Vacations, Inc. (HGV) Q3 2024 Earnings Call Summary positive or negative?
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HGV Earning Call Sentiment
Hilton Grand Vacations, Inc. (HGV) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
HGV.N
0.1%Positive
The earnings call summary shows strong financial metrics with a 9% increase in VPG and improved occupancy rates. The company is committed to capital returns, with significant share repurchases. Despite some unresolved issues from the BVH integration and local market challenges, management remains optimistic about future growth. The Q&A session revealed positive sentiment from analysts, despite some management evasiveness on certain topics. Overall, the positive financial performance and commitment to shareholder returns suggest a positive stock price movement, especially given the market cap size.
