MarijanaPlay The last decade has unquestionably been tumultuous for United Parks & Resorts (NYSE:PRKS), and it seems many investors still view the business as having a bit of an "ick" factor, given its baggage from the Blackwater documentary. But looking forward, there is reason to believe that brighter days are ahead. In February of this year, the company changed its name to the current moniker to reflect its broader range of properties. They've finally regained leadership stability in the popular Marc Swa ...

Rabyesang/iStock via Getty Images Summary I am neutral on United Parks & Resorts (NYSE:PRKS). My summarized thesis is that near-term performance is likely to stay weak given the poor discretionary spending environment, quarter-to-date foot traffic data, and peers' comments. There is also a variable element—weather—that could further weigh on attendance performance. Hence, while I like that management is aggressively buying back shares and the stock valuation is near an all-time low, I am not willing to take ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share PRKS New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EX ...

United Parks & Resorts Inc. (NYSE:PRKS) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Matthew Stroud - Investor Relations Marc Swanson - Chief Executive Officer Jim Forrester - Interim Chief Financial Officer and Treasurer Conference Call Participants Steve Wieczynski - Stifel Ben Chaiken - Mizuho James Hardiman - Citi Thomas Yeh - Morgan Stanley Chris Woronka - Deutsche Bank Lizzie Dove - Goldman Sachs Operator Good day, and welcome to the United Parks & Resorts Second Qua ...

For the quarter ended June 2024, United Parks & Resorts (PRKS) reported revenue of $497.59 million, up 0.3% over the same period last year. EPS came in at $1.50, compared to $1.35 in the year-ago quarter. The reported revenue represents a surprise of -0.44% over the Zacks Consensus Estimate of $499.79 million. With the consensus EPS estimate being $1.54, the EPS surprise was -2.60%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

United Parks & Resorts (PRKS) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.60%. A quarter ago, it was expected that this theme park operator would post a loss of $0.29 per share when it actually produced a loss of $0.17, delivering a surprise of 41.38%. Over the last four quart ...

Exhibit 99.1 United Parks & Resorts Inc. Reports Second Quarter and First Six Months 2024 Results • Total revenue per capita [2] decreased 0.4% to $80.44 from the second quarter of 2023. Admission per capita [2] decreased 2.9% to $42.68 while in-park per capita spending [2]increased 2.5% to a record $37.76 from the second quarter of 2023. First Six Months 2024 Highlights • Attendance was 9.6 million guests, an increase of 0.1 million guests or 1.3% from the first six months of 2023. • Total revenue was a re ...

ORLANDO, Fla., Aug. 7, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the second quarter and first six months of fiscal year 2024. Second Quarter 2024 Highlights Attendance was 6.2 million guests, an increase of approximately 0.05 million guests or 0.8% from the second quarter of 2023. Total revenue was $497.6 million, an increase of $1.6 million or 0.3% from the second quarter of 2023. Net income was $9 ...

Wall Street analysts forecast that United Parks & Resorts (PRKS) will report quarterly earnings of $1.54 per share in its upcoming release, pointing to a year-over-year increase of 14.1%. It is anticipated that revenues will amount to $499.79 million, exhibiting an increase of 0.8% compared to the year-ago quarter. Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective rec ...

ORLANDO, Fla., July 29, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS) (the "Company"), a leading theme park and entertainment company, today announced its preliminary second quarter financial results. The Company's financial statements for the three and six months ended June 30, 2024 are not yet complete. Accordingly, the Company is presenting the following preliminary estimates for the three and six months ended June 30, 2024. Given the timing of these estimates, the Company has not complet ...