What caused HLT's Q3 2024 EPS to miss forecasts?

Hilton Worldwide's Q3 2024 EPS fell short of forecasts due to several factors:

1. **Soft Outlook**: Despite reporting strong Q2 earnings, Hilton's stock declined as the company's outlook for the rest of the year disappointed investors. The company forecasted a lower EPS range for the full year 2024, which fell below analyst expectations.
2. **Currency Impact**: The company's system-wide comparable RevPAR increased by 3.5% on a currency-neutral basis, but this growth was partially offset by the impact of currency fluctuations. This suggests that the benefit from international travel was partly countered by the negative effect of currency movements.

In summary, Hilton's Q3 2024 EPS missed forecasts due to a combination of a soft outlook and currency impact.

|code|Ticker|Name|Date|Basic EPS|Basic Earnings per Share|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|---|
|HLT|HLT.N|Hilton Worldwide|20231231|0.58|4.36|2.609E9|0.57|169|
|HLT|HLT.N|Hilton Worldwide|20240331|1.05|1.05|2.573E9|1.04|169|
|HLT|HLT.N|Hilton Worldwide|20240630|1.69|2.74|2.951E9|1.67|169|
|HLT|HLT.N|Hilton Worldwide|20240930|1.4|4.13|2.867E9|1.38|169|