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Park Hotels & Resorts (PK) Beats Q2 FFO Estimates

Park Hotels & Resorts (PK) came out with quarterly funds from operations (FFO) of 0.64pershare,beatingtheZacksConsensusEstimateof0.64 per share, beating the Zacks Consensus Estimate of 0.57 per share. This compares to FFO of 0.65pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+12.280.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +12.28%. A quarter ago, it was expected that this company would post FFO of 0.41 per share when it actually produced FFO of $0.46, delivering a surprise of +12.2%.Over the last four quarters, the comp ...