United Parks & Resorts-United Parks & Resorts (PRKS) Q4 Earnings Lag Estimates

Core Viewpoint - United Parks & Resorts reported quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of$ 0.62 per share, representing a year-over-year decline from $0.62 per share [1] - The company posted revenues of$ 384.38 million for the quarter, surpassing the Zacks Consensus Estimate by 1.88%, but down from $388.97 million a year ago [2] Earnings Performance - The earnings surprise for the recent quarter was -14.52%, and the company has surpassed consensus EPS estimates only once in the last four quarters [1][2] - A quarter ago, the company was expected to post earnings of$ 2.20 per share but reported $2.08, resulting in a surprise of -5.45% [1] Stock Performance - United Parks & Resorts shares have declined approximately 2.8% since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The current Zacks Rank for the stock is 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is -$ 0.22 on revenues of $298.03 million, while the estimate for the current fiscal year is$ 4.50 on revenues of $1.74 billion [7] - The trend of estimate revisions for United Parks & Resorts has been unfavorable ahead of the earnings release [6] Industry Context - The Leisure and Recreation Services industry is currently ranked in the top 19% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]