Park Hotels & Resorts Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 432 million compared to USD 428 million a year ago. Revenue was USD 679 million compared to USD 662 million a year ago. Net income was USD 27 million compared to USD 35 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago.
For the nine months, sales was USD 1,256 million compared to USD 1,153 million a year ago. Revenue was USD 2,041 million compared to USD 1,836 million a year ago. Net loss was USD 90 million compared to net income of USD 128 million a year ago. Basic loss per share from continuing operations was USD 0.42 compared to basic earnings per share from continuing operations of USD 0.55 a year ago. Diluted loss per share from continuing operations was USD 0.42 compared to diluted earnings per share from continuing operations of USD 0.55 a year ago.