Recap: SeaWorld Entertainment Q1 Earnings


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Shares of SeaWorld Entertainment (NYSE:SEAS) fell 1.6% in pre-market trading after the company reported Q1 results.

Quarterly Results

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings per share decreased 75.61% over the past year to ($0.72), which missed the estimate of ($0.67).

Revenue of $153,561,000 less by 30.38% year over year, which missed the estimate of $174,380,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

SeaWorld Entertainment hasn't issued any revenue guidance for the time being.


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


Details Of The Call

Date: May 08, 2020

Webcast URL: https://78449.choruscall.com/dataconf/productusers/seas/mediaframe/37681/indexr.html

Technicals

Company's 52-week high was at $36.96

52-week low: $6.75

Price action over last quarter: down 48.27%

Company Description

SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNews