United Parks Q3 net income down 3.1% to $119.7M; repurchases 4.1M shares in quarter

United Parks & Resorts Inc.

2024-Q3 EPS reported $3.24 revenue$1,340,917,000

Q3 revenue $545.9M (-0.4% YoY); net income $119.7M (-3.1%); Adjusted EBITDA $258.4M (-3.0%).
Attendance 7.0M guests (-1.4%); in-park per capita record $35.42 (+1.6%).
Increased revolving credit facility to $700M from $390M; lowered cost by 50 bps.
Repurchased 4.1M shares for $211.7M in Q3; additional 0.8M shares for $37.7M through Nov 6.
Weather/calendar impact ~320,000 guests; post-Hurricane Milton attendance up 8% through Nov 3.

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