Subtext

Hilton Worldwide Holdings Inc. HLT

SectorConsumer Discretionary
Transcripts35
Date range2007-01-31 – 2025-04-29
Calls charted35

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-15-8+0+8+152006 Q42017 Q42019 Q12020 Q22021 Q32022 Q42024 Q12006 Q4 · Overall: +4.62007 Q1 · Overall: +5.32017 Q1 · Overall: +13.22017 Q2 · Overall: +9.12017 Q3 · Overall: +12.02017 Q4 · Overall: +9.82018 Q1 · Overall: +12.42018 Q2 · Overall: +12.82018 Q3 · Overall: +10.42018 Q4 · Overall: +9.02019 Q1 · Overall: +13.52019 Q2 · Overall: +13.32019 Q3 · Overall: +7.92019 Q4 · Overall: +6.22020 Q1 · Overall: -4.42020 Q2 · Overall: +2.42020 Q3 · Overall: -2.92020 Q4 · Overall: +5.52021 Q1 · Overall: +1.02021 Q2 · Overall: +9.82021 Q3 · Overall: +3.02021 Q4 · Overall: +10.52022 Q1 · Overall: +11.32022 Q2 · Overall: +10.22022 Q3 · Overall: +10.72022 Q4 · Overall: +10.42023 Q1 · Overall: +8.82023 Q2 · Overall: +13.02023 Q3 · Overall: +12.02023 Q4 · Overall: +12.72024 Q1 · Overall: +8.62024 Q2 · Overall: +10.82024 Q3 · Overall: +10.62024 Q4 · Overall: +10.32025 Q1 · Overall: +7.7
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-23-11+0+11+232006 Q42017 Q42019 Q12020 Q22021 Q32022 Q42024 Q12006 Q4 · CEO: +6.12007 Q1 · CEO: +13.52017 Q1 · CEO: +16.82017 Q2 · CEO: +11.82017 Q3 · CEO: +17.02017 Q4 · CEO: +15.42018 Q1 · CEO: +16.82018 Q2 · CEO: +17.32018 Q3 · CEO: +15.92018 Q4 · CEO: +13.72019 Q1 · CEO: +18.22019 Q2 · CEO: +16.62019 Q3 · CEO: +10.32019 Q4 · CEO: +12.62020 Q1 · CEO: +0.52020 Q2 · CEO: +4.42020 Q4 · CEO: +8.82021 Q1 · CEO: +5.62021 Q2 · CEO: +13.92021 Q4 · CEO: +15.52022 Q1 · CEO: +17.62022 Q2 · CEO: +11.22022 Q3 · CEO: +18.12022 Q4 · CEO: +18.52023 Q1 · CEO: +11.22023 Q2 · CEO: +17.22023 Q3 · CEO: +14.32023 Q4 · CEO: +19.82024 Q2 · CEO: +17.62024 Q3 · CEO: +15.62024 Q4 · CEO: +15.52025 Q1 · CEO: +11.72007 Q1 · CFO: +3.92017 Q1 · CFO: +12.22017 Q2 · CFO: +15.82017 Q3 · CFO: +3.42017 Q4 · CFO: +7.82018 Q1 · CFO: +7.02018 Q2 · CFO: +13.02018 Q3 · CFO: +5.52018 Q4 · CFO: +6.32019 Q1 · CFO: +10.62019 Q2 · CFO: +6.82019 Q3 · CFO: +9.22019 Q4 · CFO: +2.22020 Q1 · CFO: -12.22020 Q2 · CFO: +1.12020 Q4 · CFO: -9.02021 Q1 · CFO: -3.82021 Q2 · CFO: +6.52021 Q4 · CFO: +8.02022 Q1 · CFO: +10.52022 Q2 · CFO: +12.62022 Q3 · CFO: +11.32022 Q4 · CFO: +6.72023 Q1 · CFO: +17.72023 Q2 · CFO: +13.12023 Q3 · CFO: +18.42023 Q4 · CFO: +11.62024 Q2 · CFO: +9.42024 Q3 · CFO: +5.22024 Q4 · CFO: +8.52025 Q1 · CFO: +7.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-38-19+0+19+382006 Q42017 Q42019 Q12020 Q22021 Q32022 Q42024 Q12006 Q4 · Prepared remarks: +19.82007 Q1 · Prepared remarks: +12.72017 Q1 · Prepared remarks: +19.22017 Q2 · Prepared remarks: +26.42017 Q3 · Prepared remarks: +20.92017 Q4 · Prepared remarks: +23.82018 Q1 · Prepared remarks: +18.42018 Q2 · Prepared remarks: +24.22018 Q3 · Prepared remarks: +22.32018 Q4 · Prepared remarks: +19.82019 Q1 · Prepared remarks: +24.82019 Q2 · Prepared remarks: +30.82019 Q3 · Prepared remarks: +16.62019 Q4 · Prepared remarks: +18.42020 Q1 · Prepared remarks: -6.72020 Q2 · Prepared remarks: +10.72020 Q3 · Prepared remarks: -5.82020 Q4 · Prepared remarks: +7.92021 Q1 · Prepared remarks: -1.72021 Q2 · Prepared remarks: +33.02021 Q3 · Prepared remarks: +28.92021 Q4 · Prepared remarks: +26.42022 Q1 · Prepared remarks: +20.92022 Q2 · Prepared remarks: +24.62022 Q3 · Prepared remarks: +27.82022 Q4 · Prepared remarks: +31.22023 Q1 · Prepared remarks: +27.82023 Q2 · Prepared remarks: +31.52023 Q3 · Prepared remarks: +23.12023 Q4 · Prepared remarks: +30.32024 Q1 · Prepared remarks: +31.52024 Q2 · Prepared remarks: +22.22024 Q3 · Prepared remarks: +16.42024 Q4 · Prepared remarks: +25.42025 Q1 · Prepared remarks: +17.12006 Q4 · Q&A responses: +8.32007 Q1 · Q&A responses: +7.02017 Q1 · Q&A responses: +14.22017 Q2 · Q&A responses: +6.82017 Q3 · Q&A responses: +11.22017 Q4 · Q&A responses: +8.82018 Q1 · Q&A responses: +12.82018 Q2 · Q&A responses: +14.02018 Q3 · Q&A responses: +11.82018 Q4 · Q&A responses: +10.12019 Q1 · Q&A responses: +13.72019 Q2 · Q&A responses: +9.62019 Q3 · Q&A responses: +7.42019 Q4 · Q&A responses: +7.02020 Q1 · Q&A responses: -0.52020 Q2 · Q&A responses: +1.82020 Q3 · Q&A responses: +2.82020 Q4 · Q&A responses: +6.52021 Q1 · Q&A responses: +4.32021 Q2 · Q&A responses: +11.22021 Q3 · Q&A responses: +8.42021 Q4 · Q&A responses: +7.22022 Q1 · Q&A responses: +11.62022 Q2 · Q&A responses: +6.12022 Q3 · Q&A responses: +9.12022 Q4 · Q&A responses: +8.42023 Q1 · Q&A responses: +6.82023 Q2 · Q&A responses: +11.52023 Q3 · Q&A responses: +11.62023 Q4 · Q&A responses: +12.32024 Q1 · Q&A responses: +12.92024 Q2 · Q&A responses: +11.72024 Q3 · Q&A responses: +11.92024 Q4 · Q&A responses: +8.52025 Q1 · Q&A responses: +8.5
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.34$4.84$8.332006 Q42017 Q42019 Q12020 Q22021 Q32022 Q42024 Q12017 Q1: $1.822017 Q2: $1.982017 Q3: $2.152017 Q4: $2.302018 Q1: $2.752018 Q2: $2.942018 Q3: $3.082018 Q4: $3.182019 Q1: $3.962019 Q2: $4.092019 Q3: $4.242019 Q4: $4.292020 Q1: $4.162020 Q2: $1.832020 Q3: $1.892020 Q4: $2.022021 Q1: $2.342021 Q2: $2.982021 Q3: $3.712021 Q4: $4.322022 Q1: $4.412022 Q2: $4.882022 Q3: $5.332022 Q4: $5.652023 Q1: $5.942023 Q2: $6.292023 Q3: $6.692023 Q4: $7.052024 Q1: $7.382024 Q2: $7.682024 Q3: $7.85

Forward P/E

10.3633.9757.592006 Q42017 Q42019 Q12020 Q22021 Q32022 Q42024 Q12017 Q1: 31.862017 Q2: 33.462017 Q3: 31.092017 Q4: 33.372018 Q1: 29.492018 Q2: 28.192018 Q3: 26.072018 Q4: 21.912019 Q1: 21.132019 Q2: 23.412019 Q3: 22.502019 Q4: 25.472020 Q1: 13.622020 Q2: 41.652020 Q3: 49.692020 Q4: 51.692021 Q1: 54.332021 Q2: 42.522021 Q3: 35.442021 Q4: 32.472022 Q1: 34.192022 Q2: 24.952022 Q3: 25.282022 Q4: 24.082023 Q1: 22.872023 Q2: 22.842023 Q3: 22.932023 Q4: 25.262024 Q1: 28.252024 Q2: 28.132024 Q3: 28.14

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2017 Q2 tone ↓ -4.1 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q4 tone ↓ -2.2 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -2.4 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -5.4 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +6.8 fwd EPS ↓ -2.33 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -5.3 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q1 tone ↓ -4.5 fwd EPS ↑ +0.32 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q3 tone ↓ -6.8 fwd EPS ↑ +0.72 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -4.1 fwd EPS ↑ +0.33 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-04-29+7.7——View →
2024 Q42025-02-06+10.3——View →
2024 Q32024-10-23+10.6$7.8528.1View →
2024 Q22024-08-07+10.8$7.6828.1View →
2024 Q12024-04-24+8.6$7.3828.2View →
2023 Q42024-02-07+12.7$7.0525.3View →
2023 Q32023-10-25+12.0$6.6922.9View →
2023 Q22023-07-26+13.0$6.2922.8View →