PK Q2 2019 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q2 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$703M-3.8% YoY

Gross Profit

$224M31.9% margin

Operating Income

$111M15.8% margin

Net Income

$81M11.5% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$172M

Free Cash Flow

$116M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$3.9B

Stockholders' Equity

$5.6B

Cash & Equivalents

$310M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$703M	$731M	-3.8%
Gross Profit	$224M	$244M	-8.2%
Operating Income	$111M	$149M	-25.5%
Net Income	$81M	$215M	-62.3%

Revenue Segments

Occupancy

$435M62%

Food And Beverage

$195M28%

Ancillary Hotel

$54M8%

Hotel Other

$19M3%