Investor Presentaiton slide image

Investor Presentaiton

HLT Share Price Performance Since Inception HLT's share price including dividends increased 55% in 2019 and is flat year-to-date in 20201 HLT share price performance from 10/8/2018 to 2/4/2020 $120 $110 $100 2/13/19: HLT Q4 2018 earnings call. Reports robust financial results despite modest RevPAR growth. HLT modifies the presentation of EPS to be more closely aligned with economic earnings 10/23/19: HLT Q3 2019 earnings call. Despite weaker RevPAR trends HLT reports a "beat and raise" quarter. Preliminary 2020 guidance is well received $111 Share price $90 $80 $70 $60 Oct-2018 Dec-2018 Feb-2019 May-2019 5/1/19: HLT Q1 2019 earnings call. Reports continued strong financial performance. Management positively revises guidance $73* Jul-2019 Sep-2019 Nov-2019 Note: The performance of HLT's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds. *Average cost at announcement date. Please see the additional disclaimers and notes to performance results at the end of the presentation. (1) As of 2/4/2020 41 Feb-2020
View entire presentation