Park Hotels & Resorts Inc (PK) Reports Strong Fourth Quarter and Full-Year 2023 Results [Yahoo! Finance]
Park Hotels & Resorts Inc. (PK)
Last park hotels & resorts inc. earnings: 2/26 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
pkhotelsandresorts.com
Company Research
Source: Yahoo! Finance
Revenue : Comparable RevPAR grew by 4.1% in Q4 and 8.7% for the full year, driven by strong urban market performance and leisure demand. Adjusted EBITDA : Adjusted EBITDA increased by 8.7% for the full year, reflecting operational efficiency and strategic capital allocation. Dividends : Announced a first quarter dividend of $0.25 per share, a 67% increase from the previous quarter. Share Repurchases : Repurchased 14.6 million shares of common stock for a total of $180 million in 2023. Liquidity and Debt : Current liquidity over $1.3 billion with a Comparable Net Debt of approximately $3.4 billion. Capital Investments : Nearly $300 million reinvested into the portfolio, with key renovations completed and more planned for 2024. Warning! GuruFocus has detected 5 Warning Signs with PK. Park Hotels & Resorts Inc ( NYSE:PK ) released its 8-K filing on February 27, 2024, detailing a robust fourth quarter and full-year performance for 2023. The company, which owns upper-upscale
Show less
Read more
Impact Snapshot
Event Time:
PK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PK alerts
High impacting Park Hotels & Resorts Inc. news events
Weekly update
A roundup of the hottest topics
PK
News
- Park Hotels & Resorts Inc. (NYSE: PK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Park Hotels & Resorts Inc. Announces Second Quarter Dividend of $0.25 Per ShareGlobeNewswire
- Park Hotels & Resorts Inc. (NYSE: PK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Park Hotels & Resorts Inc. (NYSE: PK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Park Hotels & Resorts Inc. (NYSE: PK) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
PK
Earnings
- 2/27/24 - Beat
PK
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- PK's page on the SEC website