United Parks & Resorts Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

United Parks & Resorts Inc (PRKS) reports record Q1 performance

United Parks & Resorts Inc (PRKS) delivered strong financial performance in Q1 2024, achieving record revenue and adjusted EBITDA amidst operational challenges. The company's strategic initiatives and focus on international visitation growth position it for future success.
While facing hurdles such as lower international attendance and weather-related risks, United Parks & Resorts Inc (PRKS) remains optimistic about its long-term strategy and value creation. Opportunities in international visitation, market trends, and operational efficiency offer avenues for sustained growth and profitability.
With a solid financial foundation, ongoing cost management efforts, and a shareholder-friendly approach, United Parks & Resorts Inc (PRKS) is poised to navigate challenges and capitalize on opportunities for continued success in the leisure and entertainment industry.

United Parks & Resorts Inc (PRKS) reports strong Q2 performance

United Parks & Resorts Inc (PRKS) demonstrated solid financial performance in Q2 2024, underpinned by revenue growth and cost efficiencies.
While facing challenges such as market volatility and EBITDA decline, PRKS remains well-positioned with a strong balance sheet and growth strategies.
By capitalizing on opportunities in digital transformation, new attractions, and market expansion, PRKS aims to drive sustained growth and shareholder value.

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United Parks & Resorts, Inc. is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.

United Parks & Resorts Inc (PRKS) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for United Parks & Resorts (PRKS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

United Parks & Resorts (PRKS) Reports Q3 Earnings: What Key Metrics Have to Say

United Parks & Resorts (PRKS) came out with quarterly earnings of $2.08 per share, missing the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $1.92 per share a year ago.

United Parks & Resorts (PRKS) Lags Q3 Earnings and Revenue Estimates

ORLANDO, Fla. , Nov. 7, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the third quarter and first nine months of fiscal year 2024.

United Parks & Resorts Inc. Reports Third Quarter and First Nine Months 2024 Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for United Parks & Resorts (PRKS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.

Seeking Clues to United Parks & Resorts (PRKS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

2025 Annual Passes are now available with the best benefits ever and up to 20% off now and for a limited time DOWNLOAD MEDIA ASSETS HERE SAN DIEGO , Nov. 4, 2024 /PRNewswire/ -- SeaWorld San Diego revealed that the much-anticipated Jewels of the Sea: A Jellyfish Experience will now open in Spring 2025. The Jellyfish Experience will be the first of its kind for SeaWorld parks and the newest immersive and interactive aquarium at the park.

SeaWorld San Diego Reveals Jewels of the Sea will Open Spring 2025, Plus Announces 2025 Plans for All-New Journey to Atlantis Experience

United Parks & Resorts (PRKS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

United Parks & Resorts (PRKS) Earnings Expected to Grow: Should You Buy?

ORLANDO, Fla. , Oct. 28, 2024 /PRNewswire/ -- Busch Gardens Howl-O-Scream reigns supreme for fans of fear, earning the parks the #1 spot on USA TODAY's 10Best Readers' Choice Award list for Best Theme Park Halloween Event.

Busch Gardens Howl-O-Scream Voted #1 Best Theme Park Halloween Event by USA TODAY's 10Best Readers' Choice Awards

ORLANDO, Fla. , Oct. 28, 2024 /PRNewswire/ -- SeaWorld's Howl-O-Scream continues to terrify and thrill guests year after year, again earning a coveted top spot on USA TODAY's 10Best Readers' Choice Award list, this year ranking as the #2 Best Theme Park Halloween Event.

SeaWorld's Howl-O-Scream Voted Among Top Theme Park Halloween Events by USA TODAY's 10Best Readers' Choice Awards

Multiple organizations collaborate to protect endangered species and preserve marine life SAN DIEGO , Oct. 24, 2024 /PRNewswire/ -- The Vancouver Aquarium Marine Mammal Rescue Society (VAMMR), SeaWorld San Diego Rescue and Turtles Fly Too worked together recently to transfer rescued loggerhead sea turtle, Moira. Found cold stunned in British Columbia, Moira was transported to the warm waters of San Diego where she has now been returned to the wild.

Loggerhead Sea Turtle Released Off San Diego Coast Following Months of Rehabilitation

Busch Gardens Proudly Salutes America's Bravest this Veterans Day with a Special Military Annual Pass Now Available for a Limited Time to Veterans

ORLANDO, Fla. , Oct. 24, 2024 /PRNewswire/ -- SeaWorld is proud to honor those that serve and their families by extending the Military Annual Pass to include veterans as well as active duty military for a limited time.

SeaWorld Proudly Salutes America's Bravest this Veterans Day with a Special Military Annual Pass Now Available for a Limited Time to Veterans

Adventure awaits as guests embark on The Big Bad Wolf: The Wolf's Revenge, an immersive journey through a Bavarian village  Members will be among the first to ride the all-new roller coaster in 2025 DOWNLOAD MEDIA ASSETS HERE WILLIAMSBURG, Va. , Oct. 22, 2024 /PRNewswire/ -- Darkness descends upon Busch Gardens Williamsburg in 2025 as the park unveils its newest and most immersive family attraction yet – North America's longest family inverted coaster, The Big Bad Wolf: The Wolf's Revenge!

RETURN OF THE WOLF: North America's Longest Inverted Family Coaster Unleashes Chaos at Busch Gardens Williamsburg - Coming in 2025

ORLANDO, Fla. , Oct. 17, 2024 /PRNewswire/ -- Following Hurricane Milton, United Parks & Resorts is showing its appreciation to first responders and lineworkers by offering FREE admission to its parks.

United Parks & Resorts Says "Thank You" to First Responders and Lineworkers Post-Hurricane Milton with FREE Admission to its Parks

ORLANDO, Fla. , Oct. 15, 2024 /PRNewswire/ -- Five manatees were flown more than 1,000 miles to their temporary homes in Florida, marking a crucial conservation achievement following over two years of successful rescue efforts by four zoological and marine institutions.

Five Manatees Successfully Rehabilitated at Two Ohio Zoos Flown Back to Florida Facilities to Prepare for Return to Home Waters

ORLANDO, Fla. , Oct. 9, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS) announced today that it will release its third quarter financial results before the market opens on Thursday, November 7, 2024.

UNITED PARKS & RESORTS INC. ANNOUNCES THIRD QUARTER EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION

ORLANDO, Fla. , Oct. 8, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today announced that James "Jim" Mikolaichik will assume the role of Chief Financial Officer (CFO) and Treasurer effective Nov. 11, 2024.

United Parks & Resorts Inc. Appoints James Mikolaichik as Chief Financial Officer and Treasurer

2025 Annual Passes are now available with the best benefits ever, including Aquatica for free, free parking, free guest tickets, in-park discounts and exclusive animal experiences; 2025 Annual Pass Members will also be the first to experience Rescue Jr. DOWNLOAD HIGH-RES IMAGES HERE   SAN ANTONIO , Sept. 30, 2024 /PRNewswire/ -- SeaWorld San Antonio today unveiled its plans for an ALL-NEW friendly world of discovery, the Rescue Jr.

SeaWorld San Antonio Reveals Plans for the ALL-NEW Rescue Jr. Hub, a Kid-Friendly World of Discovery Packed with Interactive Play, Immersive Attractions and a One-Of-A-Kind Water Elements - Opening Spring 2025

DOWNLOAD MEDIA ASSETS HERE ORLANDO, Fla. , Sept. 25, 2024 /PRNewswire/ -- SeaWorld Orlando is grateful to welcome a rare rescued Pacific walrus calf from the Alaska SeaLife Center (ASLC), now under the expert care of SeaWorld Orlando's renowned animal care specialists.

SeaWorld Orlando Welcomes Orphaned Pacific Walrus Calf Rescued in Alaska to New Home

2025 Annual Passes are now available with the best benefits ever and for a limited time, get an upgrade to the next pass tier level free DOWNLOAD MEDIA ASSETS HERE TAMPA, Fla. , Sept. 17, 2024 /PRNewswire/ -- Busch Gardens Tampa Bay has unveiled its next game-changing attraction, the ALL-NEW Wild Oasis realm, which will be North America's most engaging and interactive adventure realm when it opens in Spring 2025.

Busch Gardens Tampa Bay Reveals Plans for ALL-NEW Wild Oasis Realm: North America's Most Immersive Kid-Friendly Adventure Realm Featuring Captivating Attractions, Engaging Animal Exhibits and Other Interactive Elements - Opening Spring 2025

Following a rocky decade, including the Blackfish controversy and ownership turbulence, United Parks & Resorts is finally poised for success. PRKS has plenty of room to drive further growth through an admissions rebound and per-cap spending growth near term, and the addition of accommodation options longer term. A 25-35% IRR is possible even under conservative assumptions; both a gradual re-rating or a sale of the business are plausible outcomes here.

United Parks & Resorts: Desirable Group Of Assets Finally Turning The Corner With Multiple Ways To Win

Near-term performance for United Parks & Resorts is expected to remain weak. Despite aggressive share buybacks and low stock valuation, the risk of PRKS missing FY24 estimates is a concern. PRKS's attendance outlook is bleak, with foot traffic data showing negative trends and challenges in the current macro environment.

United Parks & Resorts: Near-Term Performance Seems Bleak

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 Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

United Parks & Resorts Inc. (PRKS) Q2 2024 Earnings Call Transcript

The headline numbers for United Parks & Resorts (PRKS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

United Parks & Resorts (PRKS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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.

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