PK News and Press, Park Hotels & Resorts Inc. From 05/21/23

2023-05-21 00:40:55 ET Summary The company had a stellar first quarter to 2023, reporting impressive earnings. A sustainable forward dividend yield of 4.4%, which has significant room for increment. Stock remains significantly undervalued, providing a margin of safety. ...

2023-05-12 10:31:10 ET Summary PK delivered impressive financial results in 1Q23, surpassing market expectations. The demand outlook for PK looks promising, with indications of healthy growth rates and a potential recovery in international tourism. I expect the reopening of th...

2023-05-07 09:00:00 ET Summary U.S. equity markets finished lower on a turbulent week after the Federal Reserve continued its historically-aggressive monetary tightening course, sparking renewed turmoil in the regional banking sector. After closing at its highest levels since earl...

2023-05-02 09:00:00 ET Summary We're now at the halfway point of real estate earnings season with roughly 60 equity REITs and 14 mortgage REITs representing 50% of the total market capitalization having reported first-quarter. Results thus far have been better than the prevailing ...

2023-05-01 16:10:21 ET Park Hotels & Resorts Inc. (PK) Q1 2023 Earnings Conference Call May 01, 2023 11:00 A.M. ET Company Participants Ian C. Weissman - SVP, Corporate Strategy Thomas J. Baltimore, Jr. - Chairman, President and CEO Sean Dell'Orto - EVP, CFO,...

2023-05-01 06:33:08 ET Park Hotels & Resorts press release ( NYSE: PK ): Q1 FFO of $0.37 beats by $0.04 . Revenue of $648M (+35.3% Y/Y) beats by $30.96M . Park's outlook is based in part on the following assumptions: Fully diluted weighted average s...

TYSONS, Va., May 01, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) today announced results for the first quarter ended March 31, 2023 and provided an operational update. Selected Statistical and Financial Info...

2023-04-28 11:27:40 ET Park Hotels & Resorts ( NYSE: PK ) is scheduled to announce Q1 earnings results on Monday, May 1st, before market open. The consensus EPS Estimate is $0.09 (+12.5% Y/Y) and the consensus Revenue Estimate is $617.04M (+28.8% Y/Y). Over the las...

2023-04-10 03:08:14 ET Summary My portfolio returned +7.7% versus +7.5% for the S&P 500, matching the S&P 500's performance despite holding a significant amount of cash and being overweight energy. My performance was driven by my January effect plays, Genesis Energy and Do...

TYSONS, Va., March 28, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE: PK) is proud to announce that it has received the 2023 ENERGY STAR Partner of the Year Award for Energy Management from the U.S. Environmental Protection Age...