UPDATE: Park Hotels & Resorts (PK) Tops Q1 EPS by 19c
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Park Hotels & Resorts Inc. Reports First Quarter 2019 Results
May 6, 2019 6:05 AM EDTTYSONS, Va.--(BUSINESS WIRE)-- Park Hotels & Resorts Inc. (Park or the Company) (NYSE: PK) today announced results for the first quarter ended March31, 2019. Highlights include:
First Quarter 2019 Highlights
Comparable RevPAR was $176.44, an increase of 4.5% from the same period in 2018; Net income was $97 million and net income attributable to stockholders was $96 million; Adjusted EBITDA was $176 million; Adjusted FFO attributable to stockholders was $136 million; Diluted earnings per share was $0.48;... More