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Parks! America Inc (PRKA)
OTHER OTC:PRKA
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Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 06, 2019
|% Change Since: -9.09%
|Next Earnings Date:May 02, 2019
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook for Parks! America. While there were some positive developments, such as the refinancing of Aggieland's debt and improved performance in Missouri, significant challenges remain. Declines in advertising and revenue, particularly in Georgia, and ongoing issues with the Texas Park contribute to a cautious sentiment. The company's plans for asset sales and potential reverse stock split highlight efforts to address these challenges but also introduce uncertainty.Company Guidance
During the Parks! America Q4 2024 earnings call, several key metrics and guidance were discussed. The company reported that Aggieland appraised for $9.2 million, of which $6.3 million was land. They highlighted a significant pro forma decline in Georgia Park revenue due to factors such as reduced advertising, competition, and a drop in attendance post-COVID. Missouri Park was noted to have promising trends, although not yet matching the 38% margin generated by Georgia. The call also addressed the company's strategy, mentioning a possible reverse stock split subject to shareholder approval, and the refinancing of a loan, which was a significant subsequent event. Additionally, capital expenditures at Georgia are expected to be high in 2025 due to a major restaurant project, which will significantly add to the year's CapEx. Overall, the guidance reflected efforts to improve financial performance through strategic allocations and operational changes.Aggieland Appraisal and Loan Refinancing
Aggieland appraised for $9.2 million, with $6.3 million attributed to the land. The company successfully refinanced Aggieland's debt, indicating a positive financial restructuring.
Missouri Park Performance
Missouri Park showed improvement in performance, reaching breakeven on an EBITDA basis for the first time, suggesting potential for future growth.
Potential Capital Reallocation
The company is considering the sale of underperforming assets and exploring capital allocation strategies, indicating a focus on optimizing resource distribution.
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PRKA 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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PRKA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 13, 2024 | $0.44 | $0.42 | -4.55% |
| Aug 13, 2024 | $0.38 | $0.38 | 0.00% |
| May 14, 2024 | $0.42 | $0.42 | 0.00% |
| Feb 13, 2024 | $0.50 | $0.52 | +4.00% |
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 Parks! America Inc (PRKA) report earnings?
Parks! America Inc (PRKA) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Parks! America Inc (PRKA) earnings time?
Parks! America Inc (PRKA) earnings time is at Feb 05, 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 PRKA EPS forecast?
Currently, no data Available
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