PK Q3 2018 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q3 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$652M-5.2% YoY

Gross Profit

$185M28.4% margin

Operating Income

$84M12.9% margin

Net Income

$52M8.0% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-10.8%

Cash Flow

Operating Cash Flow

$147M

Free Cash Flow

$100M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$3.6B

Stockholders' Equity

$5.8B

Cash & Equivalents

$399M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$652M	$688M	-5.2%
Gross Profit	$185M	$183M	+1.1%
Operating Income	$84M	$89M	-5.6%
Net Income	$52M	$102M	-49.0%

Revenue Segments

Occupancy

$429M66%

Food And Beverage

$144M22%

Ancillary Hotel

$60M9%

Hotel Other

$19M3%