HGV - Checking In: Hilton Grand Vacations' Q1 Performance Exceeds Estimates Backs Outlook | Benzinga
Hilton Grand Vacations Inc. (NYSE:HGV) first-quarter FY24 sales rose to $1.16 billion from $934 million a year ago, beating the consensus of $1.12 billion.
Revenues were affected by a net recognition of $2 million in the current period compared to a net recognition of $4 million in the same period in 2023.
Real estate sales and financing segment revenues totaled $687 million, an increase of $137 million from last year.
Total contract sales increased by $108 million Y/Y to $631 million, including $136 million contributed by Bluegreen Vacations.
Consolidated Net Owner Growth (NOG) for the legacy HGV-DRI business ...