Why Is Hilton Worldwide Stock Trading Higher on Tuesday?
1. Hilton's Q1 adjusted EPS of $1.72 exceeded estimates of $1.61. 2. Sales of $2.69 billion fell short of expected $2.72 billion. 3. Adjusted EBITDA margin improved to 73.7%, up from 70.4% last year. 4. Hilton raised full-year EPS guidance to $7.76–$7.94, exceeding analyst estimates. 5. Stock price declined 1.30% despite positive earnings news.