For the quarter ended June 2024, Park Hotels & Resorts (PK) reported revenue of $686 million, down 3.9% over the same period last year. EPS came in at $0.65, compared to -$0.70 in the year-ago quarter. The reported revenue represents a surprise of -1.29% over the Zacks Consensus Estimate of $694.94 million. With the consensus EPS estimate being $0.63, the EPS surprise was +3.17%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Park Hotels & Resorts (PK) came out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to FFO of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 3.17%. A quarter ago, it was expected that this company would post FFO of $0.44 per share when it actually produced FFO of $0.52, delivering a surprise of 18.18%. Over the last four quarters, the comp ...

Exhibit 99.2 Second Quarter 2024 Supplemental Data JUNE 30, 2024 HOTELS & RESORTS a x Waldorf Astoria Orlando Hilton Hawaiian Village Waikiki Beach Resort Royal Palm South Beach Miami, a Tribute Portfolio Resort About Park and Safe Harbor Disclosure About Park Hotels & Resorts Inc. Park (NYSE: PK) is one of the largest publicly-traded lodging real estate investment trusts ("REIT") with a diverse portfolio of iconic and market-leading hotels and resorts with significant underlying real estate value. Park's p ...

TYSONS, Va., July 31, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park" or the "Company") (NYSE: PK) today announced results for the second quarter ended June 30, 2024 and provided an operational update. ______________________________________________ Selected Statistical and Financial Information (unaudited, amounts in millions, except RevPAR, ADR, Total RevPAR and per share data) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------- ...

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. One company value investors might notice is Park Hotels & Resorts (PK) . PK is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading ...

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced the successful completion of the in-clinic portion of its pharmacokinetic (PK) study, a core component of the Company's clinical study plan for its 510(k) pathway for regulatory approval. Dosing and sampling of the second cohort for the study concluded on Thursday, June 27, 2024, markin ...

INBS' first-of-its-kind fingerprint drug screening technology uses fingerprint sweat to provide a quick, hygienic, and easy-to-use method for drug testing, delivering results in just minutes. This unique approach tests for common drugs of abuse, including cocaine, cannabis, methamphetamine, and opiates. Forward-Looking Statements: NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Intelligent Bio Solutions Inc. (Nasdaq: INBS) ("INBS" or the "Company"), a medical technology company delivering intelligent, rapid, no ...

Telephone: Please dial (877) 451-6152, or (201) 389-0879 for international participants, and request Park Hotels & Resorts' Second Quarter 2024 Earnings Conference Call. It is recommended that participants dial in 10 minutes ahead of the scheduled start time. Webcast: Please log on to www.pkhotelsandresorts.com 10 minutes prior to the call to register. A replay of the webcast will also be archived on the Investor Relations section of Park's website. About Park Hotels & Resorts Park is one of the largest pub ...

The conference call will be accessible by telephone and through the internet. Interested individuals are invited to participate by following these steps: About Park Hotels & Resorts For additional information or to receive press releases via e-mail, please visit our website at www.pkhotelsandresorts.com TYSONS, Va., June 11, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. ("Park") (NYSE: PK) today announced that it plans to report financial results for the second quarter 2024 after the stock market clos ...

Valuation 5.5 % Despite the negativity mentioned above, both metrics are often considered countercyclical. As such, a "buy the dip" opportunity may be in the cards, A glance at PK REIT's dividend profile suggests it is a good investment for those seeking income. For example, it has a 5-year average yield on cost of 5.39%, which is higher than the sector median. Morover, it has a forward dividend yield of 6.7%, which is higher than the 4.39% trailing yield experienced by the averienced by the average REIT in ...