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Park Hotels & Resorts Exceeds Wall Street Estimates for Q3 Operating Cash Flow and Revenue

Associated Press · ·by G4L

PK
PK Park Hotels & Resorts Inc
$16.96 +1.44%
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  1. 1Park Hotels & Resorts Inc. recorded $79 million in operating cash flow for the third quarter.
  2. 2Park Hotels & Resorts Inc. recorded a loss of $18 million during the period.
  3. 3Park Hotels & Resorts Inc. recorded $602 million in revenue during the period.

So what's the key point?

Park Hotels & Resorts Inc. generated $602 million in revenue in the third quarter. This means more operating cash flow came in than experts had expected.

Source Associated Press · View original ↗

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