SeaWorld, Universal: Theme-park attendance dipped in 3rd quarter [Yahoo! Finance]
United Parks & Resorts Inc. (PRKS)
Company Research
Source: Yahoo! Finance
Drastic weather conditions and the anticipation of Epic Universe were given as reasons. Orlando-based United Parks & Resorts , which operates SeaWorld and 12 other attractions worldwide, said its third-quarter revenue was $545.9 million, a dip of 0.4% from the year-earlier period. The company said it had 7 million theme park visitors in the three-month period that ended in October. That was a decrease of 1.4% from last year. Hurricane season was a culprit, officials said. “Third-quarter results were impacted by both a negative calendar shift and meaningfully worse weather, including Hurricane Debby in August and Hurricane Helene in September,” United CEO Marc Swanson said. “October results were significantly impacted by Hurricane Milton which resulted in 14 operating-day closures in our Florida market and an extended impact at our Tampa parks as that market recovered from the impact of the storm,” Swanson said. Busch Gardens Tampa Bay, another United theme park, was closed
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News
- Disney Stock Is Roaring Back to Life [Yahoo! Finance]Yahoo! Finance
- United Parks & Resorts Inc. (NYSE: PRKS) had its price target lowered by analysts at Guggenheim from $72.00 to $70.00. They now have a "buy" rating on the stock.MarketBeat
- United Parks & Resorts Inc. (NYSE: PRKS) had its "underperform" rating re-affirmed by analysts at Mizuho. They now have a $43.00 price target on the stock, down previously from $45.00.MarketBeat
- United Parks & Resorts Inc. (NYSE: PRKS) had its price target raised by analysts at Truist Financial Co. from $60.00 to $64.00. They now have a "buy" rating on the stock.MarketBeat
- United Parks & Resorts Inc (PRKS) Q3 2024 Earnings Call Highlights: Navigating Weather ... [Yahoo! Finance]Yahoo! Finance
PRKS
Earnings
- 11/7/24 - Miss
PRKS
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- PRKS's page on the SEC website