Seaport Entertainment Q4 revenue rises

Seaport Entertainment

04/03/2026 21:28

Overview

Entertainment and hospitality firm's Q4 revenue rose 30.4% yr/yr

Outlook

Seaport Entertainment plans to open Sadie's restaurant in spring 2026

Result Drivers

REVENUE GROWTH - Revenue increased 30.4% yr/yr, partly due to consolidation of Tin Building by Jean-Georges

ASSET SALE - Closed sale of 250 Water Street site for $143 mln, resulting in $76.1 mln net proceeds

Company press release: ID:nBw6wT4F2a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted Net Income
Miss
-$17.50 mln
-$10.44 mln (1 Analyst)
Q4 Net Income
-$36.52 mln
Q4 Operating Income
-$35.54 mln
Q4 Pretax Profit
-$36.52 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for Seaport Entertainment Group Inc is $30.00, about 30.2% above its March 3 closing price of $23.05

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)