In a report released today, Patrick Scholes from Truist Financial maintained a Buy rating on Park Hotels & Resorts (PK – Research Report).

Park Hotels & Resorts, based in Tysons, Virginia, posted revenue of $625 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $602.9 million. For the year, the company reported funds from operations of $430 million. Revenue was reported as $2.6 billion.

Park Hotels & Resorts (PK) came out with quarterly funds from operations (FFO) of $0.39 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.52 per share a year ago.

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