Park Hotels & Resorts (PK) Tops Q2 FFO Estimates

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 ...