Earnings Preview For Park Hotels & Resorts

Park Hotels & Resorts PK is set to give its latest quarterly earnings report on Wednesday, 2023-02-22. Here's what investors need to know before the announcement.

Analysts estimate that Park Hotels & Resorts will report an earnings per share (EPS) of $0.09.

Park Hotels & Resorts bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Park Hotels & Resorts's past performance and the resulting price change:

Stock Performance

Shares of Park Hotels & Resorts were trading at $13.75 as of February 20. Over the last 52-week period, shares are down 25.17%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Park Hotels & Resorts visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.