The highly anticipated financial results for the third quarter of Park Hotels & Resorts (NYSE: PK) are scheduled to be disclosed on Tuesday 29th October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.
It appears that the business is on the verge of revealing their estimated $0.14 profit per share for the quarter, as well as their total revenue of $647.42 million for this specific period, according to financial experts on Wall Street.
The per-share income of $0.51 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $679 million recorded during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $2.63 billion for the full year. Moreover, they anticipate the earnings per share to reach profit of $0.75 during the fiscal year.
Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
The previous trading day saw Park Hotels & Resorts (PK) shares trading between $13.83 and $14.03, besides a volume of 3.71 million shares. The stock closed Friday's regular trading session at $13.89, indicating 0.22 percent advance.
