United Parks & Resorts Inc reports results for the quarter ended in September 30 - Earnings Summary

United Parks & Resorts

07/11/2024 14:42

* United Parks & Resorts Inc  PRKS.N  reported quarterly
adjusted
earnings of $2.08​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.92.  The mean expectation of twelve analysts
for the quarter was for earnings of $2.22 per share. Wall Street
expected results to range from $2.04  to $2.33 per share.
    * Revenue fell 0.4% to $545.90 million from a year ago;
analysts
expected $550.47 million. 
    * United Parks & Resorts Inc's reported EPS for the quarter
was
$2.08​.
    * The company reported quarterly net income of $119.68
million.
    * United Parks & Resorts Inc shares had risen by 12.4% this
quarter and gained 7.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"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 $65.00 
This summary was machine generated from LSEG data November 7 at
02:41 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
 Sep. 30 2024      2.22           2.08           Missed
 Jun. 30 2024      1.54           1.46           Missed
 Mar. 31 2024      -0.26          -0.17          Beat
 Dec. 31 2023      0.80           0.62           Missed