United Parks & Resorts (NYSE:PRKS) Releases Earnings Results, Misses Estimates By $0.33 EPS

United Parks & Resorts (NYSE:PRKS) issued its quarterly earnings results on Tuesday. The company reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.67 by ($0.33), Zacks reports. United Parks & Resorts had a negative return on equity of 35.46% and a net margin of 9.09%.The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.45 EPS.

Here are the key takeaways from United Parks & Resorts’ conference call:

• Second-quarter performance weakened: Revenue fell 1.4% to $483.3 million, attendance declined 2.9%, and adjusted EBITDA decreased $10.8 million to $195.5 million, pressured by the Easter calendar shift, lower international visitation, weather, and higher operating expenses.
• Guest spending remained a bright spot. Total revenue per capita increased 1.5%, led by a 5.1% rise in in-park per-capita spending from pricing, greater product penetration, technology upgrades, and improved food, retail, photo, and catering offerings.
• July revenue was preliminarily down approximately 2% as wildfires, poor air quality, excessive heat, and extended rain reduced attendance, although admissions and in-park spending per capita increased.
• Management cited several potential catalysts, including double-digit growth in advanced bookings for Discovery Cove and group business, ahead-of-last-year Howl-O-Scream bookings, new Sony Pictures intellectual property, and a new strategy aimed at meaningfully growing the 2027 pass base.
• The company repurchased 3.3 million shares for approximately $125 million in the quarter, remains on pace for $50 million of gross cost savings in 2026, and said credible third parties are assigning real-estate valuations that compare favorably with the company’s public-market enterprise value.

United Parks & Resorts Trading Down 0.7%

Shares of PRKS traded down $0.30 during trading hours on Tuesday, reaching $45.20. 268,493 shares of the company’s stock traded hands, compared to its average volume of 1,023,957. United Parks & Resorts has a 12 month low of $28.77 and a 12 month high of $56.95. The stock has a market cap of $2.13 billion, a PE ratio of 17.19, a price-to-earnings-growth ratio of 3.57 and a beta of 1.14. The firm’s 50 day simple moving average is $44.95 and its 200-day simple moving average is $38.56.

Insider Buying and Selling

In other news, insider Christopher L. Finazzo sold 8,000 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $36.76, for a total value of $294,080.00. Following the transaction, the insider owned 130,285 shares of the company’s stock, valued at $4,789,276.60. This represents a 5.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.70% of the stock is currently owned by corporate insiders.

Institutional Trading of United Parks & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of the company. SkyView Investment Advisors LLC boosted its position in shares of United Parks & Resorts by 1.7% during the fourth quarter. SkyView Investment Advisors LLC now owns 21,685 shares of the company’s stock worth $787,000 after acquiring an additional 358 shares during the last quarter. Captrust Financial Advisors increased its stake in United Parks & Resorts by 4.9% during the second quarter. Captrust Financial Advisors now owns 8,999 shares of the company’s stock worth $424,000 after acquiring an additional 420 shares during the last quarter. Quarry LP purchased a new stake in United Parks & Resorts during the 3rd quarter valued at $28,000. Swiss National Bank raised its stake in shares of United Parks & Resorts by 1.5% in the third quarter. Swiss National Bank now owns 53,300 shares of the company’s stock valued at $2,756,000 after acquiring an additional 800 shares during the period. Finally, Empowered Funds LLC bought a new stake in United Parks & Resorts in the fourth quarter worth about $31,000.

Analyst Ratings Changes

Several research firms recently commented on PRKS. Zacks Research raised shares of United Parks & Resorts from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. Mizuho upgraded United Parks & Resorts from an “underperform” rating to an “outperform” rating and increased their target price for the stock from $27.00 to $47.00 in a research report on Friday, May 8th. Citizens Jmp began coverage on United Parks & Resorts in a report on Monday, June 29th. They issued a “market perform” rating for the company. Guggenheim reduced their price target on United Parks & Resorts from $54.00 to $51.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Finally, The Goldman Sachs Group boosted their price objective on United Parks & Resorts from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Four equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $47.00.

United Parks & Resorts Company Profile

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.