United Parks & Resorts Inc. (PRKS) Down More Than 19% Since Q3, Here’s Why

Core Viewpoint - United Parks & Resorts Inc. (NYSE:PRKS) is currently viewed as a "deep value stock" despite a significant decline in stock price following its fiscal Q3 2025 results, with analysts maintaining a positive outlook for future growth [1][4]. Financial Performance - The company reported a 6.24% year-over-year decrease in revenue to $511.85 million for fiscal Q3, missing expectations by $26.4 million [2]. - Earnings per share (EPS) of $1.61 also fell short of consensus estimates by $0.65 [2]. Factors Affecting Performance - Management attributed the muted quarterly performance to unfavorable calendar shifts, poor weather during holiday seasons, and a decline in international visitation, resulting in a decrease of 252 thousand guests compared to the first nine months of fiscal 2024 [3]. - Attendance growth was resilient in Q2 but showed a decline of 3.4% in Q3, alongside a 6.3% drop in Admissions Per Cap [4]. Future Outlook - Despite recent challenges, the company remains optimistic about forward booking revenue trends into 2026, particularly supported by the Discovery Cove property and group business, both of which grew over 20% during the quarter [3]. Company Overview - United Parks & Resorts Inc. owns and operates several theme parks, including SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue [5].