Shares of Hilton Worldwide Holdings Inc. /zigman2/quotes/202780307/composite HLT -0.61% edged up 0.1% in premarket trading Wednesday, after the hotel chain swung to a third-quarter profit that was in line with expectations, while revenue rose above forecasts, as comparable revenue per available room (RevPAR) nearly doubled. The company swung to net income of $240 million, or 86 cents a share, from a loss of $79 million, or 29 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to 78 cents, matching the FactSet consensus. Revenue grew 87.5% to $1.75 billion, topping the FactSet consensus of $1.70 billion. Systemwide comparable RevPAR increased 98.7% from a year ago, but declined 18.8% from the same period in 2019. "We are pleased with our third quarter results which continue to reflect recovery from the adverse impact of the COVID-19 pandemic," said Chief Executive Christopher Nassetta. "Leisure travel remained strong and business travel continued to pick up during the quarter." The stock has rallied 12.4% over the past three months while the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.84% has gained 3.9%.