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Jim Borowski  |  by www.tradingmarkets.com. All rights reserved. 6.11 | 20:41

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(RTTNews) - Hilton Hotels Corp. ( | | | ) reported third quarter 2006 net income of $117 million compared with $89 million in the 2005 quarter. Diluted net income per share was $0.

29 in the 2006 third quarter, versus $0.22 in the 2005 period. On a recurring basis, diluted EPS was $0.

31 in the 2006 third quarter, versus $0.22 in the 2005 period. On average, 21 analysts polled by First Call/Thomson Financial expected earnings of $0.

28 per share. Across all brands, revenue from the company's owned hotels (majority owned and controlled hotels) was $649 million in the third quarter 2006, a 33% increase from $489 million in the 2005 quarter. Total revenue rose to $2.

20 billion from $1.10 billion in the same quarter last year. Nine Wall Street analysts' consensus revenue estimate came in at $2.

17 billion. On a pro forma basis, revenue-per-available-room (RevPAR) from comparable North America owned hotels increased 7.4%.

On a worldwide basis, pro forma comparable owned RevPAR increased 9.8% (92% rate driven,) with margins increasing 70 basis points to 28.6%.

Excluding the impact of foreign exchange, worldwide pro forma comparable owned RevPAR increased 8.6%.

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