earnings
confidence high
sentiment negative
materiality 0.70
SeaWorld Q2 net income down 25% to $87.1M; revenue falls 1.7% to $496M
United Parks & Resorts Inc.
2023-Q2 EPS reported
$1.09
revenue$789,375,000
- Attendance 6.1M guests, down ~0.1M YoY; total revenue $496.0M (-1.7%).
- Net income $87.1M (-25.3%); Adjusted EBITDA $224.2M (-4.4%).
- Record total revenue per capita $80.80 (+0.3%); in-park per capita record $36.84.
- SeaWorld Abu Dhabi opened; group booking revenue trends up significantly vs 2019.
- During Q2, repurchased 235K shares for $13.9M; $42.4M remaining under buyback.