Park Hotels & Resorts Raises FY23 AFFO Outlook From $1.76-$2.02 To $1.92-$2.03

Benzinga ·  11/02/2023 04:46

Full-Year 2023 OutlookPark is not providing a full year 2023 outlook for net income, net income attributable to stockholders, earnings per share, operating income and operating income margin and the accompanying reconciliations as all the information necessary for the calculation of the gain (loss) on derecognition of assets and income tax expense resulting from the Hilton San Francisco Hotels being placed into receivership is not yet available, and Park is unable to reasonably estimate such amounts without unreasonable burden or efforts. These amounts are expected to be material; however, they are not expected to materially affect Park's outlook for Adjusted

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