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Actionable news in HLT: HILTON WORLDWIDE HOLDINGS Inc,

Hilton Worldwide (HLT) Stock Falls After Q2 Miss

NEW YORK (TheStreet) -- Shares of Hilton Worldwide (HLT) are falling 2.35% to $23.31 this morning after the McLean, VA-based hospitality company posted worse-than-expected second quarter results before today's market open.

Hilton reported adjusted earnings of 25 cents per share, missing analysts estimates by a penny. Revenue rose to $3.05 billion falling short of analysts projected $3.06 billion.

Last year, the company posted earnings of 25 cents per share on revenue of $2.92 billion.

Additionally, Hilton Worldwide plans to split the company into three publicly traded entities, including Hilton Worldwide Holdings, Park Hotels & Resorts and Hilton Grand Vacations. If...


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