earnings
confidence high
sentiment neutral
materiality 0.65
SeaWorld Q3 revenue down 3% to $548M, net income down 8.2%; in-park per capita record
United Parks & Resorts Inc.
2023-Q3 EPS reported
$3.01
revenue$1,337,622,000
- Q3 attendance 7.1M (-2.8% YoY); total revenue $548.2M (-3.0%); net income $123.6M (-8.2%); Adjusted EBITDA $266.4M (-2.8%).
- In-park per capita spending rose 1.6% to record $34.85; total rev per capita $76.90 (-0.2%).
- First nine months: rev $1,337.6M (-0.2%), net income $194.1M (-19.8%), Adjusted EBITDA $563.1M (-2.0%).
- October per capita up low single-digits; on comparable day basis, revenue and attendance estimated up low single-digits.
- Repurchased 78,750 shares for $3.9M in Q3; $38.5M remaining under buyback program.