Back to top

Image: Bigstock

Park Hotels & Resorts (PK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Read MoreHide Full Article

Park Hotels & Resorts (PK - Free Report) reported $680 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 1.2%. EPS of $0.70 for the same period compares to -$0.02 a year ago.

The reported revenue represents a surprise of +2.48% over the Zacks Consensus Estimate of $663.52 million. With the consensus EPS estimate being $0.62, the EPS surprise was +12.9%.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: 5.8% versus 3% estimated by three analysts on average.
  • Total Number of rooms: 19,902 versus 20,467 estimated by two analysts on average.
  • Comparable RevPAR: $216.87 million compared to the $210.72 million average estimate based on two analysts.
  • Revenues- Rooms: $401 million versus the three-analyst average estimate of $394.94 million. The reported number represents a year-over-year change of 0%.
  • Revenues- Ancillary hotel: $67 million versus the two-analyst average estimate of $66.62 million. The reported number represents a year-over-year change of -1.5%.
  • Revenues- Food and beverage: $188 million versus $176.98 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.4% change.
  • Revenues- Other: $24 million versus $23.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.4% change.
  • Earnings per share - Diluted: $0.24 versus the three-analyst average estimate of $0.22.

View all Key Company Metrics for Park Hotels & Resorts here>>>

Shares of Park Hotels & Resorts have returned +8.6% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Published in