United Parks & Resorts Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

United Parks & Resorts Inc (PRKS) reports record Q1 performance

United Parks & Resorts Inc (PRKS) delivered strong financial performance in Q1 2024, achieving record revenue and adjusted EBITDA amidst operational challenges. The company's strategic initiatives and focus on international visitation growth position it for future success.
While facing hurdles such as lower international attendance and weather-related risks, United Parks & Resorts Inc (PRKS) remains optimistic about its long-term strategy and value creation. Opportunities in international visitation, market trends, and operational efficiency offer avenues for sustained growth and profitability.
With a solid financial foundation, ongoing cost management efforts, and a shareholder-friendly approach, United Parks & Resorts Inc (PRKS) is poised to navigate challenges and capitalize on opportunities for continued success in the leisure and entertainment industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

United Parks & Resorts, Inc. is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.

Loch Ness Monster: The Legend Lives On features new track, exciting thematic elements and a soundtrack created just for the attraction For a limited-time, guests can save up to 50% on tickets, Fun Cards and Memberships during a limited-time flash sale DOWNLOAD HIGH-RES IMAGES HERE WILLIAMSBURG, Va. , May 10, 2024 /PRNewswire/ -- The legendary Loch Ness Monster resurfaces today at Busch Gardens Williamsburg as the park's signature roller coaster reopens following a full restoration.

NOW OPEN: The All-New Loch Ness Monster Roars to Life at Busch Gardens Williamsburg

United Parks posted better-than-expected results in this week's first-quarter report. The arrival of Universal Orlando next year could help more than it hurts the Central Florida gated attractions operated by its rivals.

This Is What Bears Have Wrong When It Comes to United Parks

United Parks & Resorts Inc. (NYSE:PRKS ) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Matthew Stroud - Investor Relations Marc Swanson - Chief Executive Officer James Forrester - Interim Chief Financial Officer & Treasurer Conference Call Participants Steven Wieczynski - Stifel Matthew Boss - JPMorgan Chris Woronka - Deutsche Bank James Hardiman - Wedbush Securities Thomas Yeh - Morgan Stanley Paul Golding - Macquarie Lizzie Dove - Goldman Sachs Operator Good day, and welcome to the United Parks & Resorts First Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

United Parks & Resorts Inc. (PRKS) Q1 2024 Earnings Call Transcript

The headline numbers for United Parks & Resorts (PRKS) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, United Parks & Resorts (PRKS) Q1 Earnings: A Look at Key Metrics

ORLANDO, Fla. , May 8, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the first quarter of 2024.

United Parks & Resorts Inc. Reports First Quarter 2024 Results

DOWNLOAD HIGH-RES IMAGES HERE ORLANDO, Fla. , May 6, 2024 /PRNewswire/ -- Howl-O-Scream is returning to SeaWorld this fall and for those restless spirits who are dying for a great deal, now is the time to snatch tickets.

SeaWorld Unleashes Monstrous Mayhem Sale on Howl-O-Scream Tickets

DOWNLOAD HIGH-RES IMAGES  HERE TAMPA, Fla. , May 6, 2024 /PRNewswire/ -- Howl-O-Scream is returning to Busch Gardens Tampa Bay this fall and for those restless spirits who are dying for a great deal, now is the time to snatch tickets.

Busch Gardens Tampa Bay Unleashes Monstrous Mayhem Sale on Howl-O-Scream Tickets

United Parks & Resorts (PRKS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

United Parks & Resorts (PRKS) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

ORLANDO, Fla. , April 22, 2024 /PRNewswire/ -- Busch Garden Parks will honor Military Appreciation Month with free one-day admission for U.S. military veterans and up to three guests.

Busch Gardens Parks Honor Military Appreciation Month with Free Park Admission to Active-Duty U.S. Military, Veterans and Their Families Through Annual Waves of Honor Program

ORLANDO, Fla. , April 22, 2024 /PRNewswire/ -- SeaWorld parks will honor Military Appreciation Month with free one-day admission for U.S. military veterans and up to three guests.

SeaWorld Parks Honor Military Appreciation Month with Free Park Admission to Active-Duty U.S. Military, Veterans and Their Families Through Annual Waves of Honor Program

ORLANDO, Fla. , April 18, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS) announced today that it will release its first quarter financial results before the market opens on Wednesday, May 8, 2024.

UNITED PARKS & RESORTS INC. ANNOUNCES FIRST QUARTER EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION

United Parks & Resorts operates 13 theme parks, including SeaWorld and Busch Gardens, and is tied to consumer spending power. The company's financials show a slight decline in revenue and EBITDA, but cost-cutting initiatives and a recovery in attendance are expected to drive growth. The stock price drop presents an opportunity for investors, and management's focus on shareholder value through buybacks is a positive sign.

United Parks & Resorts: EBITDA To See Healthy Growth In FY24

DOWNLOAD HIGH-RES IMAGES TAMPA, Fla. , April 15, 2024 /PRNewswire/ -- Busch Gardens Tampa Bay today announced the birth of a critically endangered female Bornean Orangutan.

Critically Endangered Bornean Orangutan Born at Busch Gardens Tampa Bay, Birth Marks Milestone in Orangutan Conservation Efforts

Silver, Gold and Platinum Pass Members receive discounts on zoological experiences, including special up-close encounters and interactions with dolphins DOWNLOAD HIGH-RES IMAGES HERE ORLANDO, Fla. , April 12, 2024 /PRNewswire/ -- National Dolphin Day is this Sunday, April 14 th, and SeaWorld is inviting guests to celebrate by diving into unique up-close encounters and interactions with the ocean's most playful ambassadors – and one of the most popular animals at the SeaWorld parks.

SeaWorld Invites Guests to Celebrate National Dolphin Day with Dolphin Presentations and Experiences

ORLANDO, Fla. , April 8, 2024 /PRNewswire/ -- United Parks & Resorts, global theme park and entertainment company, is hosting a national hiring event from April 15-19 to fill over 5,000 positions across all seven award-winning park brands, including SeaWorld®, Busch Gardens®, Discovery Cove, Sesame Place®, Water Country USA, Adventure Island, and Aquatica®.

United Parks & Resorts Kicks Off Nationwide Recruitment Week for 5,000 Positions Coast to Coast Across All Parks

ORLANDO, Fla. , March 27, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported that on Monday, March 25, 2024, its stockholders overwhelmingly approved a $500.0 million buyback authorization and the amendment of the stockholders agreement with Hill Path Capital LP ("Hill Path").

United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization and Stockholder Approval of Amended Stockholders Agreement with Hill Path Capital LP

60th Anniversary celebrations get underway at SeaWorld's parks this month with not-to-be-missed in-park parties, plus a year-long celebration that includes new rides and attractions, new presentations and shows and special pass promotions DOWNLOAD HIGH-RES IMAGES HERE ORLANDO, Fla., March 11, 2024 /PRNewswire/ -- SeaWorld is turning 60 this year, and the parks have revealed big plans to celebrate all year long.

SeaWorld Unveils 60th Anniversary Celebration Plans for 2024

SeaWorld Entertainment, Inc. (SEAS) Q4 2023 Earnings Call Transcript

United Parks & Resorts (PRKS) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.76 per share a year ago.

United Parks & Resorts (PRKS) Misses Q4 Earnings and Revenue Estimates

ORLANDO, Fla. , Feb. 28, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the fourth quarter and fiscal year 2023.

United Parks & Resorts Inc. Reports Fourth Quarter and Fiscal 2023 Results

SeaWorld (PRKS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SeaWorld (PRKS) Reports Next Week: Wall Street Expects Earnings Growth

SeaWorld Entertainment Inc. SEAS, -2.06% said Tuesday it's planning to change its name to United Parks & Resorts Inc. effective Feb. 12, and will change its stock ticker to PRKS from SEAS starting Feb. 13. The theme park operator has been mired in controversy in recent years over its treatment of killer whales and other marine mammals as highlighted by a critical documentary called “Blackfish”, opened a new aquatic life park in the United Arab Emirates last year, its first outside the United States.

SeaWorld to change its corporate name to United Parks & Resorts, trade under new ticker ‘PRKS'

Company is starting the new year with a new name uniting its world-class, award-winning portfolio of iconic parks and experiences ORLANDO, Fla. , Jan. 30, 2024 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS), a leading theme park and entertainment company, today announced it will change its name to United Parks & Resorts Inc., effective Feb. 12, 2024.

News for United Parks & Resorts Inc Stock (PRKS)