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Park Hotels & Resorts (PK) Reports Q1 Earnings: What Key Metrics Have to Say
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For the quarter ended March 2026, Park Hotels & Resorts (PK - Free Report) reported revenue of $622 million, down 1.3% over the same period last year. EPS came in at $0.45, compared to -$0.29 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $618.44 million, representing a surprise of +0.58%. The company delivered an EPS surprise of +11.94%, with the consensus EPS estimate being $0.40.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Park Hotels & Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable RevPAR Growth: 2.2% compared to the 0.9% average estimate based on three analysts.
Total Number of rooms: 20,467 versus 21,404 estimated by two analysts on average.
Comparable RevPAR: $191.05 million versus $183.16 million estimated by two analysts on average.
Revenues- Rooms: $356 million compared to the $348.41 million average estimate based on three analysts. The reported number represents a change of -1.9% year over year.
Revenues- Ancillary hotel: $60 million compared to the $62.63 million average estimate based on two analysts. The reported number represents a change of -4.8% year over year.
Revenues- Food and beverage: $182 million compared to the $181.69 million average estimate based on two analysts. The reported number represents a change of 0% year over year.
Revenues- Other: $24 million versus the two-analyst average estimate of $22.11 million. The reported number represents a year-over-year change of +9.1%.
Earnings per share - Diluted: $0.05 compared to the $0.04 average estimate based on three analysts.
Shares of Park Hotels & Resorts have returned +9.3% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Park Hotels & Resorts (PK) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2026, Park Hotels & Resorts (PK - Free Report) reported revenue of $622 million, down 1.3% over the same period last year. EPS came in at $0.45, compared to -$0.29 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $618.44 million, representing a surprise of +0.58%. The company delivered an EPS surprise of +11.94%, with the consensus EPS estimate being $0.40.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Park Hotels & Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Park Hotels & Resorts here>>>
Shares of Park Hotels & Resorts have returned +9.3% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.