Park Hotels & Resorts (PK) to Release Earnings on Wednesday

Park Hotels & Resorts (NYSE:PK) is expected to be posting its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.2391 per share and revenue of $659.6780 million for the quarter. Park Hotels & Resorts has set its FY 2026 guidance at 1.740-1.900 EPS. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, August 7, 2026 at 11:00 AM ET.

Park Hotels & Resorts (NYSE:PK) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.33). Park Hotels & Resorts had a negative net margin of 8.49% and a negative return on equity of 6.71%. The company had revenue of $622.00 million for the quarter, compared to analysts’ expectations of $609.77 million. During the same period in the previous year, the firm posted $0.46 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, analysts expect Park Hotels & Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Park Hotels & Resorts Stock Up 0.6%

PK traded up $0.08 on Wednesday, reaching $15.27. 203,653 shares of the company traded hands, compared to its average volume of 4,466,192. The company has a market cap of $3.08 billion, a price-to-earnings ratio of -14.01, a PEG ratio of 1.99 and a beta of 1.33. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.25 and a quick ratio of 1.25. The stock’s 50 day moving average price is $13.97 and its 200-day moving average price is $12.09. Park Hotels & Resorts has a 52-week low of $9.84 and a 52-week high of $15.30.

Wall Street Analyst Weigh In

PK has been the subject of a number of research reports. Wells Fargo & Company raised shares of Park Hotels & Resorts to a “hold” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of Park Hotels & Resorts from $11.00 to $13.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald reiterated a “neutral” rating and set a $12.00 price objective on shares of Park Hotels & Resorts in a report on Wednesday, May 13th. Morgan Stanley lifted their price objective on Park Hotels & Resorts from $10.50 to $11.00 and gave the company an “equal weight” rating in a research report on Friday, July 17th. Finally, Truist Financial boosted their target price on Park Hotels & Resorts from $12.00 to $13.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Park Hotels & Resorts currently has an average rating of “Reduce” and a consensus price target of $13.18.

Institutional Trading of Park Hotels & Resorts

A number of institutional investors have recently added to or reduced their stakes in the business. Sculptor Capital LP grew its position in Park Hotels & Resorts by 154.1% in the second quarter. Sculptor Capital LP now owns 6,534,153 shares of the financial services provider’s stock worth $66,844,000 after acquiring an additional 3,962,304 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Park Hotels & Resorts by 76.7% in the 2nd quarter. AQR Capital Management LLC now owns 7,744,912 shares of the financial services provider’s stock valued at $79,230,000 after purchasing an additional 3,361,382 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Park Hotels & Resorts by 34.6% in the 2nd quarter. Bank of America Corp DE now owns 12,870,552 shares of the financial services provider’s stock valued at $131,666,000 after purchasing an additional 3,309,275 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Park Hotels & Resorts in the third quarter worth $20,905,000. Finally, Millennium Management LLC boosted its holdings in Park Hotels & Resorts by 2,306.4% in the fourth quarter. Millennium Management LLC now owns 1,176,980 shares of the financial services provider’s stock worth $12,311,000 after purchasing an additional 1,128,070 shares in the last quarter. 92.69% of the stock is currently owned by institutional investors and hedge funds.

Park Hotels & Resorts Company Profile

Park Hotels & Resorts Inc is a publicly traded real estate investment trust (REIT) specializing in luxury and upper-upscale hospitality properties. The company’s primary business activity involves owning and leasing premier hotels and resorts across major urban and resort destinations. Through long-term management and franchise agreements with leading hotel operators, Park generates revenue from room nights, food and beverage offerings, meetings and events, and ancillary services.

Since its spin-off from Hilton Worldwide in January 2017, Park Hotels & Resorts has assembled a diversified portfolio of more than 60 properties.