Park Hotels & Resorts (PK) Q4 FFO and Revenues Surpass Estimates

Core Insights - Park Hotels & Resorts reported quarterly funds from operations (FFO) of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, and up from $0.39 per share a year ago, representing a surprise of +7.14% [1] - The company achieved revenues of $629 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.39%, and compared to $625 million in the same quarter last year [2] Financial Performance - Over the last four quarters, Park Hotels & Resorts has surpassed consensus FFO estimates three times [2] - The company has also topped consensus revenue estimates three times in the last four quarters [2] - The current consensus FFO estimate for the upcoming quarter is $0.44 on revenues of $613.5 million, and for the current fiscal year, it is $2.00 on revenues of $2.52 billion [7] Market Performance - Park Hotels & Resorts shares have increased approximately 9.3% since the beginning of the year, while the S&P 500 has gained only 0.5% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions prior to the earnings release [6] Industry Context - The REIT and Equity Trust - Other industry, to which Park Hotels & Resorts belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which could impact investor sentiment [5]