ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Hilton Grand Vacations Inc. (HGV) on Thursday reported fourth-quarter profit of $68 million.
On a per-share basis, the Orlando, Florida-based company said it had profit of 62 cents. Earnings, adjusted for one-time gains and costs, were $1.01 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.
The company posted revenue of $1.02 billion in the period, which met Street forecasts.
For the year, the company reported profit of $313 million, or $2.80 per share. Revenue was reported as $3.98 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HGV at https://www.zacks.com/ap/HGV