Park Hotels & Resorts Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 442 million compared to USD 433 million a year ago. Revenue was USD 714 million compared to USD 695 million a year ago. Net loss was USD 150 million compared to net income of USD 150 million a year ago. Basic loss per share from continuing operations was USD 0.7 compared to basic earnings per share from continuing operations of USD 0.66 a year ago. Diluted loss per share from continuing operations was USD 0.7 compared to diluted earnings per share from continuing operations of USD 0.66 a year ago.
For the six months, sales was USD 824 million compared to USD 725 million a year ago. Revenue was USD 1,362 million compared to USD 1,174 million a year ago. Net loss was USD 117 million compared to net income of USD 93 million a year ago. Basic loss per share from continuing operations was USD 0.54 compared to basic earnings per share from continuing operations of USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 0.54 compared to diluted earnings per share from continuing operations of USD 0.4 a year ago.