United Parks & Resorts Inc reports results for the quarter ended in January - Earnings Summary

United Parks & Resorts

08/05/2024 14:52

* United Parks & Resorts Inc  PRKS.N  reported a quarterly
adjusted loss of 17 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of -26 cents.  The mean expectation of
twelve analysts for the quarter was for a loss of 26 cents per
share. Wall Street expected results to range from -36 cents
to -18 cents per share.
    * Revenue rose 1.4% to $297.42 million from a year ago;
analysts
expected $286.87 million. 
    * United Parks & Resorts Inc's reported EPS for the quarter
was a
loss of 17 cents​.
    * The company reported a quarterly loss of $11.2 million.
    * United Parks & Resorts Inc shares had fallen by 12.5% this
quarter and lost 6.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.4%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for United Parks &
Resorts Inc is $67.50 
This summary was machine generated from LSEG data May 8 at 01:51
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.26          -0.17          Beat
 Dec. 31 2023      0.80           0.62           Missed
 Sep. 30 2023      1.89           1.92           Beat
 Jun. 30 2023      1.72           1.35           Missed