PK Q3 2019 Earnings — Park Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

PKPark Hotels & Resorts Inc.

$2B

Q3 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$672M+3.1% YoY

Gross Profit

$202M30.1% margin

Operating Income

$38M5.7% margin

Net Income

$5M0.7% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$105M

Free Cash Flow

$43M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$11.6B

Total Liabilities

$5.2B

Stockholders' Equity

$6.5B

Cash & Equivalents

$321M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$672M	$652M	+3.1%
Gross Profit	$202M	$185M	+9.2%
Operating Income	$38M	$84M	-54.8%
Net Income	$5M	$52M	-90.4%

Revenue Segments

Occupancy

$431M64%

Food And Beverage

$156M23%

Ancillary Hotel

$63M9%

Hotel Other

$22M3%