Core Insights - Park Hotels & Resorts reported $625 million in revenue for Q4 2024, a year-over-year decline of 4.9% and an EPS of $0.39 compared to $0.88 a year ago, indicating a significant drop in profitability [1] - The revenue exceeded the Zacks Consensus Estimate of $602.92 million by 3.66%, while the EPS fell short of the consensus estimate of $0.40 by 2.50% [1] Financial Performance Metrics - Comparable RevPAR growth was -1.4%, better than the estimated -3.6% by analysts [4] - The occupancy rate was reported at 69.9%, slightly below the average estimate of 70.5% [4] - Room revenues reached $376 million, surpassing the average estimate of $361.10 million, but represented a year-over-year decline of 5.3% [4] - Ancillary hotel revenues were $60 million, exceeding the average estimate of $56.66 million, with a year-over-year decline of 1.6% [4] - Food and beverage revenues totaled $167 million, above the estimated $162.22 million, reflecting a year-over-year decrease of 6.2% [4] - Other revenues were reported at $22 million, slightly above the average estimate of $21.71 million, showing a year-over-year increase of 4.8% [4] - Diluted EPS was reported at $0.32, significantly higher than the average estimate of $0.07 [4] Stock Performance - Shares of Park Hotels & Resorts have returned -4.4% over the past month, contrasting with the Zacks S&P 500 composite's +2.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]

Financial Performance - Park Hotels & Resorts reported quarterly funds from operations (FFO) of $0.39 per share, missing the Zacks Consensus Estimate of $0.40 per share, and down from $0.52 per share a year ago, representing an FFO surprise of -2.50% [1] - The company posted revenues of $625 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.66%, but down from $657 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus FFO estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Park Hotels & Resorts shares have lost about 6.5% since the beginning of the year, while the S&P 500 has gained 4.2% [3] - The current consensus FFO estimate for the coming quarter is $0.51 on revenues of $635.26 million, and for the current fiscal year, it is $2.21 on revenues of $2.65 billion [7] Industry Outlook - The REIT and Equity Trust - Other industry, to which Park Hotels & Resorts belongs, is currently in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Park Hotels & Resorts may be influenced by the overall outlook for the industry, as empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions [5][8]

Exhibit 99.2 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 portfolio currently consists of 40 premium-branded hotels and resorts with approximately 25,000 rooms primarily located in prime city center and resort locations. Visit www.pkhotelsandresorts.com for ...

– ACTIVATE-Kids is the First Study to Demonstrate Efficacy of an Oral Therapy for Children with PK Deficiency Who Are Not Regularly Transfused – – Safety Results Consistent with Safety Profile for Mitapivat Previously Observed in Adults with PK Deficiency Who Are Not Regularly Transfused – – First Mitapivat Pediatric Clinical Program for a Rare Hemolytic Anemia; Double-blind Period Completed for Both PK Deficiency Trials ACTIVATE-Kids and ACTIVATE-KidsT – CAMBRIDGE, Mass., Feb. 13, 2025 (GLOBE NEWSWIRE) -- ...

Core Insights - Albert Anthony is a markets analyst and contributor on Seeking Alpha, covering over 200 companies and providing market commentary since 2023 [1] - He has a growing fan base of over 1,000 followers and operates a home-based fund called The Future Investor Fund [1] - In 2025, he plans to publish a book titled "The Future Investor: Growing a Diversified Portfolio" aimed at educating over 1 million people globally [1] Company Profile - Albert Anthony & Company is an independent sole proprietorship registered in Travis County, Texas [1] - The company does not provide personalized financial advice but offers general market commentary based on publicly available research [1] Educational Background - Albert Anthony has completed degrees and certificates from institutions such as Drew University, Corporate Finance Institute, Microsoft, CompTIA, and UVA Darden School of Business [1] - He is a member of the Croatian Association of Economists (HDE) as of 2024 [1] Professional Experience - His experience includes working as a management and information systems analyst at large companies, including a top 10 financial firm in the US [1] - He frequently attends business, innovation, and startup conferences across the US and Europe [1]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.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 ...

Park Hotels & Resorts (PK) has been beaten down lately with too much selling pressure. While the stock has lost 6.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator ...

Company Overview - Park Hotels & Resorts Inc (NYSE: PK) is a REIT specializing in hotels and luxury properties, spun off from Hilton (HLT) in 2017 [1] - The company's shares are currently trading at the lower end of their historical range [1] Investment Strategy - The analyst focuses on long-term ownership rather than short-term price movements, emphasizing valuations over target prices [1] - The approach involves writing articles as if they are letters to the future self, allowing ideas to evolve over time [1] - The analyst has simplified their rating system to "Buy or Don't Buy," with most articles now being either Buy or Hold [1] - No Strong Buy ratings have been issued as of March 2024 [1] Analyst Background - The analyst began investing as an individual value investor in 2020, focusing on understanding business fundamentals and buying at attractive prices [1] - From May 2022 to May 2023, the analyst worked as an investment advisory representative at Fidelity Investments [1] - Currently, the analyst is self-employed through other ventures [1]

TYSONS, Va., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE:PK) ("Park" or the "Company") today announced that the Company has issued its annual Corporate Responsibility ("CR") Report, which details Park's environmental, social and governance performance and initiatives during 2023 as well as the Company's corporate responsibility strategy and approach to risk management. In addition, Park is pleased to recognize six of its hotels and resorts for earning ENERGY STAR certifications for su ...

TYSONS, Va., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) today announced that the Company has issued its annual Corporate Responsibility (“CR”) Report, which details Park’s environmental, social and governance performance and initiatives during 2023 as well as the Company’s corporate responsibility strategy and approach to risk management. In addition, Park is pleased to recognize six of its hotels and resorts for earning ENERGY STAR certifications for s ...