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United Parks & Resorts (PRKS)
NYSE:PRKS
RESEARCH TOOLSreports
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.21Last Year’s EPS
-0.17Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -11.39%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment. While the company highlighted strong attendance growth and strategic investments in new attractions for 2025, it also faced challenges such as decreased revenue and EBITDA, along with increased operating expenses. The impact of poor weather on attendance further contributed to the overall balanced sentiment.Company Guidance
During the United Parks & Resorts Inc. fourth quarter and fiscal year 2024 earnings call, the company provided guidance indicating expectations for a record year in 2025, assuming weather conditions are no worse than in 2024. Despite challenging weather, including hurricanes that impacted attendance, the company reported near-record attendance and revenue metrics for the year. They highlighted a strategic focus on increasing attendance, growing total per capita spending, and managing costs to enhance shareholder value. The company expects significant growth in international sales and group bookings in 2025, with new rides and attractions planned to drive visitor numbers. Their capital allocation strategy includes investing in the business, returning capital to shareholders, and exploring real estate monetization options. United Parks & Resorts Inc. also reported a net total leverage ratio of 2.94x and available liquidity of approximately $798.4 million as of December 31, 2024, with a commitment to maintaining strong financial health to support strategic growth initiatives.Near-Record Attendance and Revenue
Despite poor weather conditions, the company delivered near-record attendance and record in-park per capita for the fourth quarter and fiscal year 2024.
Share Repurchase Program
Repurchased 9.4 million shares or approximately 15% of total shares outstanding in 2024, demonstrating strong cash flow generation and confidence in the company's valuation.
Positive Booking Trends for 2025
2025 group bookings are up double digits, and international sales growth is up mid-single digits, indicating strong future performance.
Numerous Industry Accolades
SeaWorld Orlando and Aquatica Orlando received top rankings in USA TODAY's best amusement and water parks, and Busch Gardens Williamsburg was named the world's most beautiful theme park for the thirty-fourth consecutive year.
Innovative New Attractions for 2025
The company announced an exciting lineup of new rides and attractions across various parks, which are expected to attract more visitors.
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PRKS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PRKS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $54.62 | $52.89 | -3.17% |
| Nov 07, 2024 | $56.85 | $55.02 | -3.22% |
| Aug 07, 2024 | $46.68 | $46.35 | -0.71% |
| May 08, 2024 | $49.16 | $51.62 | +5.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does United Parks & Resorts (PRKS) report earnings?
United Parks & Resorts (PRKS) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is United Parks & Resorts (PRKS) earnings time?
United Parks & Resorts (PRKS) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRKS EPS forecast?
PRKS EPS forecast for the fiscal quarter 2025 (Q1) is -0.21.
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