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.

In a challenging year for the hospitality sector, Park Hotels & Resorts Inc (NYSE:PK). stock has touched a 52-week low, dipping to $12.71. The company, which has grappled with the lingering effects of the pandemic on travel and tourism,

Nareit FFO per share 54c. Reports Q4 revenue $625M, consensus $603.83M. Thomas J. Baltimore, Jr., Chairman and Chief Executive

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.