United Parks & Resorts Inc reports results for the quarter ended June 30 - Earnings Summary

• United Parks & Resorts Inc PRKS.N reported quarterly adjusted earnings of $1.45​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.46. The mean expectation of thirteen analysts for the quarter was for earnings of $1.78 per share. Wall Street expected results to range from $1.62 to $1.93 per share.

• Revenue fell 1.5% to $490.21 million from a year ago; analysts expected $499.36 million.

• United Parks & Resorts Inc's reported EPS for the quarter was $1.45​.

• The company reported quarterly net income of $80.11 million.

• United Parks & Resorts Inc shares had fallen by 2.1% this quarter and lost 17.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is "buy."

• Wall Street's median 12-month price target for United Parks & Resorts Inc is $53.00, about 12.9% above its last closing price of $46.16

This summary was machine generated from LSEG data August 7 at 04:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)