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HGV - Hilton Grand Vacations reports Q3 earnings beat; raises FY22 guidance range
Hilton Grand Vacations Inc.
Hilton Grand Vacations press release ( NYSE: HGV ): Q3 GAAP EPS of $1.24 beats by $0.44 .
Revenue of $1.12B (+20.7% Y/Y) beats by $190.86M .
Total contract sales were $621M.
Adjusted EBITDA for the third quarter was $338 million compared to $340 million for the same period in 2021.
The Company is raising its 2022 guidance for Adjusted EBITDA excluding deferrals and recognitions to be in a range of $1,025 million to $1,045 million.