Hilton Worldwide Holdings Inc. (HLT) earnings on July 28, 2026

Before the market opens Q2 2026

More Hilton Worldwide Holdings Inc. earnings

Prior outlook: Optimistic Outcome: Missed

Even though Hilton raised its full-year outlook, its quarterly guidance fell short of what analysts expected. The stock dropped during the day and closed about 2.5% lower.

HLT price around the earnings

322.43

Change: -2.5%

2026-07-28, 20:00 UTC

Start of the measured window End of the measured window
314.55 319.98 325.42 330.85 330.85
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 28, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Missed

Thesis published
Results released

Analyst upgrades and strong beat history support, but the recent trend and trajectory deteriorated into the event.

Context analyzed before publication

Trend
Trajectory peaked mid-week, then deteriorated into the event, suggesting expectations reset lower.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.08
Analysts covering the stock
24
Average price target
351.21
Lowest price target
260
Highest price target
397
Upside to price target
6.2%
Quarterly earnings growth
28.3%
Revenue growth
11%
Forward EPS
10.45
Trailing EPS
6.68
Analyst moves in the last 60 days
6
  • Strong buy: 4
  • Buy: 10
  • Hold: 10
  • Sell: 0
  • Strong sell: 1
Strong buy
4
Buy
10
Hold
10
Sell
0
Strong sell
1
  • July 21, 2026 · Evercore ISI Group: Upgrades rating (In-Line → Outperform)
  • July 21, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
  • July 21, 2026 · Barclays: Maintains rating (Overweight → Overweight)
  • July 17, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • July 16, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
  • July 14, 2026 · Macquarie: Maintains rating (Neutral → Neutral)

News and sentiment

Evidence

Sentiment
Sentiment
Cautious
Mention volume
Low
Normalized volume
33%
News
Sources (9)

Technicals

Evidence

Average true range (ATR)
2.1%
Distance to 52-week high
-5.5%
14-day change (14d)
+2.7%
30-day change (31d)
-0.6%
30-day relative strength
-1.9%
SPY change (31d)
+1.3%
Nearest support
330.26
Nearest resistance
333.4
Volume accumulation ratio (14d / 46d)
1.23

Trends

Evidence

Average earnings surprise
+3.9%
  • April 28, 2026: actual EPS 2.01 vs estimate 1.97 (surprise +1.8%)
  • February 11, 2026: actual EPS 2.08 vs estimate 2.02 (surprise +3.2%)
  • October 22, 2025: actual EPS 2.11 vs estimate 2.05 (surprise +3.0%)
  • July 23, 2025: actual EPS 2.2 vs estimate 2.04 (surprise +7.6%)

Expected move

Implied move
+2.9%
Source
Options chain

Reactions over its last 20 earnings

Median move
2.3%
75th percentile move
3.5%
90th percentile move
4.4%
Up / down moves
11 / 9
Average up move
+2.9%
Average down move
-2.1%

Monitoring and close

What Hilton Worldwide Holdings Inc. reported

Status
Finished
Actual EPS2.29
EPS estimate2.27
EPS surprise+0.9%
Revenue$3,341 million
Revenue estimate$3,321 million
Revenue surprise+0.6%

Hilton reports in-line Q2 earnings but pessimistic Q3 guidance. Shares fall. Raises full-year RevPAR forecast.

Sources (24)

Pre-market second reading after the results

Verdict
In line with expectations

Heading into the open, the figures don't clearly confirm the prior scenario.

How the stock reacted

Outcome
Missed
Consolidated
-2.5%
Max favorable move (MFE)
0%
Max adverse move (MAE)
5.8%