Park Hotels & Resorts (NYSE:PK – Get Free Report) is set to post 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 listening to the company’s conference call can do so using this link.
Park Hotels & Resorts (NYSE:PK – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.30). Park Hotels & Resorts had a net margin of 11.50% and a return on equity of 8.77%. The business had revenue of $686.00 million during the quarter, compared to analysts’ expectations of $694.94 million. 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 Trading Up 0.2 %
Shares of PK stock opened at $13.89 on Monday. Park Hotels & Resorts has a 1 year low of $11.05 and a 1 year high of $18.05. The company’s fifty day simple moving average is $14.46 and its two-hundred day simple moving average is $15.02. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.58 and a quick ratio of 1.58. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 0.72 and a beta of 2.02.
Analysts Set New Price Targets
Check Out Our Latest Stock Report 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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