Park Hotels & Resorts (PK) Tops Q1 EPS by 8c; Offers Guidance

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Park Hotels & Resorts (PK) gains as strong resorts demand helps drive Q1 earnings beat

May 1, 2023 8:24 AM EDT

Park Hotels & Resorts (NYSE: PK) shares are gaining premarket Monday after it beat first-quarter earnings and revenue estimates, benefitting from the ongoing strong travel demand.

The hotel properties firm reported first-quarter earnings of $0.15 per share, $0.08 better than the analyst estimate of $0.07, while... More