SeaWorld Entertainment: Q2 Earnings Insights

Shares of SeaWorld Entertainment SEAS decreased 4% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 362.50% year over year to ($1.68), which missed the estimate of ($0.92).

Revenue of $18,026,000 decreased by 95.56% from the same period last year, which missed the estimate of $43,900,000.

Outlook

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

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

Details Of The Call

Date: Aug 10, 2020

Time: 09:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/seas/mediaframe/39621/indexr.html

Recent Stock Performance

Company's 52-week high was at $36.96

52-week low: $6.75

Price action over last quarter: Up 21.09%

Company Overview

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.