Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Park Hotels & Resorts (PK)
NYSEReal EstateReit - Hotel & MotelSnapshot 2026-11-04
$16.96+1.44%
Close 2026-11-04 · 1-day change
NYSEReal EstateReit - Hotel & MotelSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.57 → 0.59 EPS · FY ending Dec 31, 2027 · 5 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 5; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for PK yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
4 published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Increase cash from operating activities | The CEO is stable and focused on cash flow. | Broken | cash from operations falls below $80M in FY26 | Cash from operations: $141M FY2026-Q2; GAAP. Published target: cash from operations >= $86M next 4 quarters. Annual target cannot be compared with a quarterly or TTM observation. Aug 7, 2026141,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
PK is a hotel real estate business with a portfolio-improvement and asset-disposition story, rather than a clear near-term growth story. Its long-term thesis is in a watch state: company momentum improved, but recent financial performance remains well below its industry cohort.
Valuation is expensive versus peers, with a stretched priced-in tag and a model estimate that expectations exceed the baseline by 24%; confidence in that estimate is low. The evidence points to re-rating expectations already being part of the picture, while fragility indicators remain low.
Over the near term, results remain a concern despite an August earnings beat and a recent guidance raise; the stated miss risk is low, but PK has a history of a deep miss. Over the multi-year view, management has steadily sold Non-Core hotels and invested in Core hotel renovations, though capital investment is mixed; the dividend has remained steady.
A reversal and guidance cut after the recent raise would weaken management credibility. Fed rate cuts could support rate-sensitive real estate, while signs of weaker results or guidance at sector peers could remove a helpful sector backdrop.
For the next 1 to 3 years, the thesis rests on continued portfolio improvement and reliable execution against guidance, with weak recent performance and expensive valuation limiting confidence. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| It plans $0.25 dividend per share. |
| Intact |
| dividend per share falls below $0.25 in FY26 |
Dividend per share: $0.25 per share FY2026-Q2; GAAP. Published target: dividend per share = $0.25 next 4 quarters. Annual target cannot be compared with a quarterly or TTM observation. Aug 7, 20260.25 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 1 of 4 supplied quarters. Management reported: “Dividends Park declared a first quarter 2026 cash dividend of $0.25 per share to stockholders of record as of March 31, 2026.” “On April 24, 2026, Park declared a second quarter 2026 cash dividend of $0.25 per share to be paid on July 15, 2026 to stockholders of record as of June 30, 2026.” Delivery assessment Nov 4, 2026 |
Net income improves to positive territory | Park Hotels is improving net income from -$57M to $11M. | Intact | net income falls below $0 in FY26 | Net income: $47M FY2026-Q2; GAAP. Published target: net income > $0 next 4 quarters. Annual target cannot be compared with a quarterly or TTM observation. Aug 7, 202647,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue near $2.5 billion | Revenue is guided near $2.5 billion in 2026. | Broken | revenue falls below $2.4B in FY26 | Revenue: $680M FY2026-Q2; GAAP. Published target: revenue >= $2.5B in FY26. Annual target cannot be compared with a quarterly or TTM observation. Aug 7, 2026680,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.53 → $0.59 · observed estimates
$2.59B → $2.59B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.53 | $2,594,196,770 | 4 / 15 |
| 2026-07-25 | $0.53 | $2,594,196,770 | 4 / 15 |
| 2026-07-26 | $0.53 | $2,594,196,770 | 4 / 15 |
| 2026-07-27 | $0.53 | $2,594,196,770 | 4 / 15 |
| 2026-07-28 | $0.53 | $2,594,196,770 | 4 / 15 |
| 2026-07-29 | $0.53 | $2,595,067,970 | 4 / 14 |
| 2026-07-30 | $0.53 | $2,595,067,970 | 4 / 14 |
| 2026-07-31 | $0.57 | $2,592,555,674 | 5 / 11 |
| 2026-08-01 | $0.57 | $2,592,555,674 | 5 / 11 |
| 2026-08-02 | $0.57 | $2,592,555,674 | 5 / 11 |
| 2026-08-03 | $0.57 | $2,592,555,674 | 5 / 11 |
| 2026-08-04 | $0.57 | $2,592,555,674 | 5 / 11 |
| 2026-08-05 | $0.53 | $2,586,878,860 | 4 / 14 |
| 2026-08-06 | $0.57 | $2,592,555,674 | 5 / 11 |
| 2026-08-07 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-08 | $0.53 | $2,586,878,860 | 4 / 14 |
| 2026-08-09 | $0.53 | $2,586,878,860 | 4 / 14 |
| 2026-08-10 | $0.53 | $2,586,878,860 | 4 / 14 |
| 2026-08-12 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-13 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-14 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-15 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-16 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-17 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-18 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-19 | $0.57 | $2,583,351,980 | 5 / 11 |
| 2026-08-20 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-21 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-22 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-23 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-24 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-25 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-26 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-27 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-28 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-29 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-30 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-08-31 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-09-01 | $0.58 | $2,580,820,816 | 5 / 11 |
| 2026-09-02 | $0.58 | $2,582,294,164 | 5 / 11 |
| 2026-09-03 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-04 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-05 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-06 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-07 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-08 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-09 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-10 | $0.58 | $2,582,903,546 | 5 / 11 |
| 2026-09-11 | $0.57 | $2,583,372,504 | 5 / 11 |
| 2026-09-12 | $0.57 | $2,583,372,504 | 6 / 11 |
| 2026-09-13 | $0.57 | $2,583,372,504 | 6 / 11 |
| 2026-09-14 | $0.57 | $2,583,372,504 | 6 / 11 |
| 2026-09-15 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-16 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-17 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-18 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-19 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-20 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-21 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-22 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-23 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-24 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-25 | $0.57 | $2,576,391,468 | 6 / 11 |
| 2026-09-26 | $0.57 | $2,576,391,468 | 5 / 11 |
| 2026-09-27 | $0.57 | $2,576,391,468 | 5 / 11 |
| 2026-09-28 | $0.57 | $2,576,391,468 | 5 / 11 |
| 2026-09-29 | $0.57 | $2,575,692,179 | 5 / 11 |
| 2026-09-30 | $0.57 | $2,575,692,179 | 5 / 11 |
| 2026-10-01 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-02 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-03 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-04 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-05 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-06 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-07 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-08 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-09 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-10 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-11 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-12 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-13 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-14 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-15 | $0.57 | $2,575,449,427 | 6 / 11 |
| 2026-10-16 | $0.58 | $2,578,526,350 | 6 / 11 |
| 2026-10-17 | $0.58 | $2,578,526,350 | 6 / 11 |
| 2026-10-18 | $0.58 | $2,578,526,350 | 5 / 11 |
| 2026-10-19 | $0.58 | $2,578,526,350 | 5 / 11 |
| 2026-10-20 | $0.58 | $2,578,526,350 | 5 / 11 |
| 2026-10-21 | $0.58 | $2,578,526,350 | 5 / 11 |
| 2026-10-22 | $0.58 | $2,580,344,003 | 5 / 11 |
| 2026-10-23 | $0.58 | $2,580,344,003 | 5 / 11 |
| 2026-10-24 | $0.58 | $2,580,344,003 | 5 / 11 |
| 2026-10-25 | $0.58 | $2,584,224,196 | 5 / 11 |
| 2026-10-26 | $0.58 | $2,584,224,196 | 5 / 11 |
| 2026-10-27 | $0.58 | $2,584,224,196 | 5 / 11 |
| 2026-10-28 | $0.58 | $2,588,197,039 | 5 / 11 |
| 2026-10-29 | $0.59 | $2,588,197,039 | 5 / 11 |
| 2026-10-30 | $0.59 | $2,588,197,039 | 5 / 11 |
| 2026-10-31 | $0.59 | $2,588,197,039 | 5 / 11 |
| 2026-11-01 | $0.59 | $2,588,197,039 | 5 / 11 |
| 2026-11-02 | $0.59 | $2,588,197,039 | 5 / 11 |
| 2026-11-03 | $0.59 | $2,588,197,039 | 5 / 11 |
| 2026-11-04 | $0.59 | $2,588,197,039 | 5 / 11 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 6 Buy / Strong Buy · 10 Hold · 2 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 4 recorded
0 raises · 0 cuts · 0 unchanged · 2 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.