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United Parks & Resorts Inc. (PRKS) Down More Than 19% Since Q3, Here’s Why
Yahoo Finance· 2025-12-15 04:45
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].
Truist Slashes PT on United Parks & Resorts (PRKS) to $47 From $61, Keeps a Buy Rating
Yahoo Finance· 2025-12-09 07:19
Core Insights - United Parks & Resorts Inc. (NYSE:PRKS) is identified as a promising investment opportunity among small-cap stocks despite recent challenges [1][2] - Truist has reduced its price target for PRKS from $61 to $47 while maintaining a Buy rating, reflecting adjustments based on Q3 results [1] Financial Performance - For fiscal Q3 2025, PRKS reported attendance of 6.8 million guests, a decrease of approximately 240 thousand guests or 3.4% year-over-year [2] - Total revenue for Q3 2025 fell by $34.1 million or 6.2%, totaling $511.9 million [2] - Attendance for the first nine months of 2025 was 16.4 million guests, down by around 252 thousand guests or 1.5% compared to the same period in 2024 [3] - Total revenue for the first nine months decreased by $51.9 million or 3.9%, amounting to $1.289 billion [3] Operational Challenges - Management indicated that Q3 results were adversely impacted by poor weather during peak holiday season, an unfavorable calendar shift, suboptimal execution, and a decline in international visitation [4] - The consumer environment in the US is described as inconsistent, which is also reflected in other leisure and hospitality sectors [4] - Despite these challenges, the company anticipates improved performance moving forward [4] Company Overview - United Parks & Resorts Inc. operates a portfolio of theme parks, including SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue [5]
United Parks & Resorts Kicks Off Nationwide Recruitment Week for 5,000 Summer Positions Coast to Coast Across All Parks
Prnewswire· 2025-04-28 14:00
Core Insights - United Parks & Resorts is hosting a national summer hiring event from May 5-9 to fill over 5,000 positions across its seven theme park brands [1][2] - The company is hiring for various roles including Lifeguards, Ride Operations, Food & Beverage, Retail, Guest Services, and more [2] - United Parks & Resorts emphasizes a positive work environment with perks such as free park admission, discounts, and exclusive events for employees [3] Company Overview - United Parks & Resorts Inc. operates a diverse portfolio of award-winning park brands including SeaWorld®, Busch Gardens®, and Discovery Cove, among others [5] - The company manages 13 parks across seven markets in the United States and Abu Dhabi, offering thrilling rides and educational wildlife experiences [5] - United Parks & Resorts is recognized for its commitment to animal welfare and has rescued over 41,000 animals in nearly 60 years of operation [5]