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Park Hotels & Resorts, Inc. operates as a real estate investment trust, which owns and operates hotels and resorts. It operates through the Consolidated Hotels and Unconsolidated Hotels segments. Read More Its portfolio of hotels and resorts include the Waldorf Astoria Hotels and Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, and Curio. The company was founded by Conrad Hilton in 1919 and is headquartered in Tysons, VA.
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Park Hotels & Resorts Inc. (PK) Lags Q1 FFO and Revenue Estimates
Park Hotels & Resorts Inc. (PK) came out with quarterly funds from operations (FFO) of $0.67 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to FFO of $0.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of -2.90%. A quarter ago, it was expected that this company would post FFO of $0.69 per share when it actually produced FFO of $0.73, delivering a surprise of 5.80%. Over the last four quarters, t...
$0.30 per share
$0.67 per share