Hilton reports Q3 adjusted EPS $1.92, consensus $1.85

Reports Q3 revenue $2.87B, consensus $2.91B. Q3 System-wide comparable RevPAR increased 1.4$, on a currency neutral basis, vs. last year. Christopher J. Nassetta, President & CEO of Hilton (HLT), said, “We were pleased to deliver continued strong bottom line results that exceeded our guidance, despite slower top line growth which was driven by modestly slower macro trends, weather impacts and unfavorable calendar shifts. We continued to demonstrate the strength of our model, opening more rooms than any other quarter in our history, surpassing 8,000 hotels and achieving net unit growth of 7.8%.”