- Shares of SeaWorld Entertainment (NYSE:SEAS) sink to their lowest level ever since the company's IPO in 2013..
- The theme park operator reported a drop of 353K visitors during the first half of the year and saw a reduced amount of revenue per capita. SeaWorld's full-year EBITDA forecast also arrived far short of the consensus estimate ($280M-$310M vs. $343M expected).
- Previously: SeaWorld Entertainment EPS of -$2.05 (Aug. 8)
- Previously: Attendance pressure at SeaWorld Entertainment (Aug. 8)
- SEAS -16.24% premarket to $11.40.
- Sector watch: Keep an eye on Cedar Fair (NYSE:FUN) and Six Flags Entertainment (NYSE:SIX) even though most analysts consider SeaWorld's issues largely tied to public relations. Also, Disney reports earnings after the bell today.
SeaWorld slumps to all-time low
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Symbol | Last Price | % Chg |
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PRKS | - | - |
United Parks & Resorts Inc. |