Hilton Posts Higher Profit Despite Continued Uncertainty
The hotel operator on Wednesday posted net income attributable to company stockholders of $440 million, compared with $421 million a year earlier. Quarterly earnings rose to $1.84 a share from $1.67 a share.

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26 minutes ago
- Yahoo
Intel Boosted by Strong PC Sales
Key Points Intel beat Wall Street revenue expectations but posted an unexpected loss due to charges related to streamlining. The company, under new CEO Lip-Bu Tan, is taking decisive action to get costs in line. These are the early days of what figures to be a long turnaround, but the initial results provide some reason for optimism. 10 stocks we like better than Intel › Here's our initial take on Intel's (NASDAQ: INTC) fiscal 2025 second-quarter financial report. Key Metrics Metric Q2 2024 Q2 2025 Change vs. Expectations Revenue $12.8 billion $12.9 billion 1% Beat Adjusted EPS $0.02 -$0.10 n/m Missed Gross margin 35.4% 27.5% -790 bp n/a Intel Foundry revenue $4.3 billion $4.4 billion 2% n/a Intel Works to Get Its House in Order Intel posted better-than-expected revenue in the second quarter but noted an unexpected loss due to impairment charges related to "excess tools with no identified reuse." This is the first full quarter under new CEO Lip-Bu Tan, who joined in March, and the new chief executive outlined his plan for the company, including significant cost cuts. Intel management said it has completed the majority of a plan to cut its workforce by 15% and is taking action to optimize its manufacturing footprint. The company said it no longer intends to move forward with planned projects in Germany and Poland. In addition, Intel said it would "further slow" the pace of construction at a plant in Ohio to ensure the spending is aligned with market demand. Revenue was boosted by strong demand from the personal-computer business, driven by efforts by PC makers to boost inventories ahead of potential tariffs. The company's client computing group, which includes PCs, saw revenue grow by $300 million on a sequential-quarter basis to $7.6 billion. Intel's Foundry unit, which has been touted as a future driver for growth, did $4.4 billion in revenue in the quarter compared to $4.7 billion in the first quarter of 2025 and $4.3 billion a year ago. Data center revenue came in at $3.9 billion. Immediate Market Reaction Investors seem to be taking the earnings miss in stride. Shares of Intel were up about 2% in after-market trading immediately following the announcement on Thursday but ahead of the company's conference call with investors. What to Watch Intel and Tan are at the early stages of a very long journey, with the CEO focused for now on getting costs under control before focusing attention on reestablishing Intel's legacy as an innovation powerhouse. That will take time, and investors can only gather so much information from a single quarter's results. Intel is guiding for revenue of $12.6 billion to $13.6 billion in the current quarter, which would be down slightly from a year ago at the midpoint. It expects to be breakeven on a per-share basis, which would be substantially better than last year's third-quarter loss. The jury's still out on Intel. But for those who have bought into the turnaround story, there is ample reason for optimism that Tan is aggressively taking important first steps. Helpful Resources Full earnings report Investor relations page Additional coverage Should you invest $1,000 in Intel right now? Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intel wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Lou Whiteman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. Intel Boosted by Strong PC Sales was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
31 minutes ago
- Yahoo
Kinsale Reports Highest Net Income Ever
Key Points Kinsale Capital Group beat expectations on both the top and bottom lines. Investment income continues to be a major growth driver thanks to higher-yielding fixed-income investments. Kinsale's combined ratio rebounded as disaster losses normalized. 10 stocks we like better than Kinsale Capital Group › Here's our initial take on Kinsale Capital Group's (NYSE: KNSL) financial report. Key Metrics Metric Q2 2024 Q2 2025 Change vs. Expectations Revenue $384.6 million $469.8 million 22.2% Beat EPS (adjusted) $3.75 $4.78 27.5% Beat Combined ratio 77.7% 75.8% -190 bps n/a Net investment income $35.8 million $46.5 million 29.6% n/a Few Disaster Losses Leads to Record Profits Kinsale Capital Group reported two mildly disappointing quarters prior to this one, so investors were curious to see if the company could turn things around. Well, the good news is that Kinsale beat revenue and earnings expectations for the second quarter, and pretty handily. Adjusted earnings of $4.78 per share grew by 27.5% year over year, and total revenue grew by 22% to $469.8 million. Unlike the first quarter, Kinsale's catastrophe losses in the second quarter were comparable to the year-ago period, which helped the company's headline numbers return to impressive growth. In fact, Kinsale's net income was the highest it's ever been. Beyond the headlines, Kinsale's gross written premiums grew 5% year over year, but the biggest stories were profitability and investments. On profitability, Kinsale reported a 75.8% combined ratio, improved from 82.1% in the first quarter and indicating an underwriting profit margin of more than 24%. To put it mildly, most other insurers would love to have half of this. And on the investment side of the business, Kinsale's net investment income increased by 29.6% in the second quarter thanks to the persistent high-interest environment. Immediate Market Reaction The initial market reaction to Kinsale's report was slightly negative. As of 4:25 p.m. EDT on Thursday, Kinsale shares were down by less than 1%. However, it's important to point out that this was before management's earnings call. Plus Kinsale stock has a track record of not being particularly reactive in after-hours trading. In fact, after the first-quarter report, Kinsale's stock barely budged, but it fell sharply on the next trading day. So it's entirely possible we'll see a larger move tomorrow in one direction or the other. What to Watch The second quarter is typically a seasonally strong one for the insurance industry, as it has a relatively low probability of natural disasters. We saw this reflected in this earnings report, but with the third quarter containing the peak of hurricane season, the combined ratio will be worth a closer look as 2025 goes on. It's also worth noting that Kinsale bought back $10 million in stock during the second quarter, a relatively low rate for a company of this size. In fact, Kinsale spent exactly $10 million on buybacks for the past three quarters in a row. Going forward, it will be interesting to see if the company will be more optimistic if the share price is weak or will pull back on buyback activity if the stock price rises. Helpful Resources Full earnings report Investor relations page Should you buy stock in Kinsale Capital Group right now? Before you buy stock in Kinsale Capital Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Kinsale Capital Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Matt Frankel has positions in Kinsale Capital Group. The Motley Fool has positions in and recommends Kinsale Capital Group. The Motley Fool has a disclosure policy. Kinsale Reports Highest Net Income Ever was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Yahoo
Why Allegion Stock Soared on Thursday
Key Points Allegion beat on both the top and bottom lines for the period. Its also raised its full-year guidance for 2025. 10 stocks we like better than Allegion › Security products specialist Allegion (NYSE: ALLE) was popular with investors on Thursday, following its release of an encouraging quarterly earnings report. The document pleased investors, as they bid the company's stock up by more than 6% on the day. This compared rather favorably to the benchmark S&P 500 (SNPINDEX: ^GSPC), which essentially flatlined across the trading session. Encouraging growth in key fundamentals Well before Thursday's market open, Ireland-based Allegion unveiled its second-quarter results. These showed that the company managed to boost revenue by nearly 6% year over year to slightly over $1.02 billion. On an organic basis -- i.e., excluding the impact of divestitures and acquisitions, plus foreign currency movements -- the top line also increased, by a little over 3%. Meanwhile, non-GAAP (generally accepted accounting principles) adjusted net income also saw improvement, rising by 4% to nearly $177 million, or $2.04 per share. That meant a double beat for Allegion, as analysts tracking the company were collectively estimating it would post $1 billion in revenue, and a per-share adjusted net earnings figure of $1.99. In its earnings release, Allegion flagged the North American nonresidential market as a particular growth driver. It said this business rose at a high-single-digit percentage rate, while price adjustments were a crucial factor in a 50-basis-point improvement in adjusted operating margin (to a shade under 30%). Guidance gets a boost Compounding the good news about the rising fundamentals, Allegion raised its guidance for both revenue and profitability for full-year 2025. It now believes its top line will increase by 6.5% to 7.5% compared to 2024, while adjusted earnings per share should land at $8.00 to $8.15. The average analyst projection for the latter number is only $7.85. Should you buy stock in Allegion right now? Before you buy stock in Allegion, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Allegion wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Allegion Stock Soared on Thursday was originally published by The Motley Fool