Hilton Shows Staying Power | thestreet.com

Hilton Hotels reported strong first-quarter profits and beat Wall Street expectations as the cyclical lodging recovery rolled along. The company also offered an improved forecast for the rest of the year. The Beverly Hills, Calif. hotelier said net income was $64 million, or 16 cents a share, up 73% from $37 million, or 10 cents a share a year earlier. Earnings included special items that boosted EPS by a penny.