Investing.com - Park Hotels & Resorts reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Park Hotels & Resorts announced earnings per share of $0.42 on revenue of $662M. Analysts polled by Investing.com EPS of $0.13 on revenue of $658.08M.
Park Hotels & Resorts 's are up 17.79% and is trading at $12.55 , still down 42.00% from its 52 week high of $21.62 set on Monday, November 8, 2021.
Park Hotels & Resorts shares gained 0.08% to trade at $12.55 in after-hours trade the report.
Park Hotels & Resorts follows other major Real Estate sector earnings this month
Park Hotels & Resorts's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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