The company is set to announce its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate of $0.04998 EPS.
Park Hotels & Resorts Inc. (PK) witnessed a positive price change, currently trading at $11.29 with a 0.445% increase from the previous close. The trading volume stood at $713,162, representing an 18.1% increase compared to the average.
In the latest quarterly earnings report on February 18th, the company reported an EPS of -$1.03. The revenue was $629 million, resulting in a net income of -$205 million.
The company offers a forward dividend yield of 8.86% and a dividend per share MRQ of $0.25. However, the dividend per share year-over-year decreased by -28.5714 cents.
Park Hotels & Resorts Inc. generated a free cash flow of $293 million, with net changes in cash amounting to -$45 million. Operating cash flow stood at $105 million.
The gross profit was -$492 million, leading to an operating income of $95 million. The company reported a net income of -$205 million, resulting in an EPS of -$1.03.
Key financial ratios include a gross profit margin of -78.22%, a return on equity of -6.55, and a price to book ratio of 0.66.
The company holds total assets of $7.7 billion, with total liabilities at $4.62 billion, indicating a strong financial position.
This report provides a comprehensive overview of Park Hotels & Resorts Inc.'s financial status and performance in the current trading session.
Park is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 60 premium-branded hotels and resorts with over 33,000 rooms primarily located in prime city center and resort locations.