United Parks & ResortsNYSE: PRKS

United Parks & Resorts (PRKS) came out with quarterly earnings of $2.08 per share, missing the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $1.92 per share a year ago.

ORLANDO, Fla. , Nov. 7, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the third quarter and first nine months of fiscal year 2024.

ORLANDO, Fla. , Oct. 28, 2024 /PRNewswire/ -- SeaWorld's Howl-O-Scream continues to terrify and thrill guests year after year, again earning a coveted top spot on USA TODAY's 10Best Readers' Choice Award list, this year ranking as the #2 Best Theme Park Halloween Event.

ORLANDO, Fla. , Oct. 17, 2024 /PRNewswire/ -- Following Hurricane Milton, United Parks & Resorts is showing its appreciation to first responders and lineworkers by offering FREE admission to its parks.

ORLANDO, Fla. , Oct. 9, 2024 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS) announced today that it will release its third quarter financial results before the market opens on Thursday, November 7, 2024.

DOWNLOAD MEDIA ASSETS HERE ORLANDO, Fla. , Sept. 25, 2024 /PRNewswire/ -- SeaWorld Orlando is grateful to welcome a rare rescued Pacific walrus calf from the Alaska SeaLife Center (ASLC), now under the expert care of SeaWorld Orlando's renowned animal care specialists.

2025 Annual Passes are now available with the best benefits ever and for a limited time, get an upgrade to the next pass tier level free DOWNLOAD MEDIA ASSETS HERE TAMPA, Fla. , Sept. 17, 2024 /PRNewswire/ -- Busch Gardens Tampa Bay has unveiled its next game-changing attraction, the ALL-NEW Wild Oasis realm, which will be North America's most engaging and interactive adventure realm when it opens in Spring 2025.

Following a rocky decade, including the Blackfish controversy and ownership turbulence, United Parks & Resorts is finally poised for success. PRKS has plenty of room to drive further growth through an admissions rebound and per-cap spending growth near term, and the addition of accommodation options longer term. A 25-35% IRR is possible even under conservative assumptions; both a gradual re-rating or a sale of the business are plausible outcomes here.

Near-term performance for United Parks & Resorts is expected to remain weak. Despite aggressive share buybacks and low stock valuation, the risk of PRKS missing FY24 estimates is a concern. PRKS's attendance outlook is bleak, with foot traffic data showing negative trends and challenges in the current macro environment.