PK Q1 2021 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q1 2021 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$165M-72.5% YoY

Gross Profit

-$24M-14.5% margin

Operating Income

-$123M-74.5% margin

Net Income

-$190M-115.2% margin

EPS (Diluted)

$-0.81

QoQ Revenue Growth

+46.0%

Cash Flow

Operating Cash Flow

-$71M

Free Cash Flow

-$76M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$5.8B

Stockholders' Equity

$4.7B

Cash & Equivalents

$868M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$165M	$599M	-72.5%
Gross Profit	-$24M	$107M	-122.4%
Operating Income	-$123M	-$637M	+80.7%
Net Income	-$190M	-$688M	+72.4%

Revenue Segments

Occupancy

$106M64%

Ancillary Hotel

$29M18%

Food And Beverage

$22M13%

Hotel Other

$8M5%