Park Hotels & Resorts (NYSE:PK – Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, October 29th. Analysts expect Park Hotels & Resorts to post earnings of $0.48 per share for the quarter. Park Hotels & Resorts has set its FY24 guidance at $2.10-2.26 EPS and its FY 2024 guidance at 2.100-2.260 EPS.Investors interested in participating in the company’s conference call can do so using this link.
Park Hotels & Resorts (NYSE:PK – Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.30). The business had revenue of $686.00 million during the quarter, compared to the consensus estimate of $694.94 million. Park Hotels & Resorts had a net margin of 11.50% and a return on equity of 8.77%. On average, analysts expect Park Hotels & Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Park Hotels & Resorts Stock Performance
Shares of PK opened at $13.89 on Monday. The firm has a market capitalization of $2.90 billion, a P/E ratio of 9.65, a P/E/G ratio of 0.72 and a beta of 2.02. Park Hotels & Resorts has a 52 week low of $11.05 and a 52 week high of $18.05. The stock has a 50 day moving average price of $14.46 and a two-hundred day moving average price of $15.02. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.58 and a current ratio of 1.58.
Analysts Set New Price Targets
View Our Latest Stock Analysis on PK
Park Hotels & Resorts Company Profile
Park is one of the largest publicly traded lodging REITs with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value. Park's portfolio currently consists of 43 premium-branded hotels and resorts with over 26,000 rooms primarily located in prime city center and resort locations.
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