PKPark Hotels & Resorts Inc.

$2B

Q1 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$659M-1.3% YoY

Gross Profit

$197M29.9% margin

Operating Income

$129M19.6% margin

Net Income

$96M14.6% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$72M

Free Cash Flow

$8M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$3.8B

Stockholders' Equity

$5.6B

Cash & Equivalents

$276M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$659M	$668M	-1.3%
Gross Profit	$197M	$188M	+4.8%
Operating Income	$129M	$174M	-25.9%
Net Income	$96M	$150M	-36.0%

Revenue Segments

Occupancy

$405M61%

Food And Beverage

$183M28%

Ancillary Hotel

$53M8%

Hotel Other

$18M3%

PK Q1 2019 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena