Near-term performance for United Parks & Resorts is expected to remain weak. Despite aggressive share buybacks and low stock valuation, the risk of PRKS missing FY24 estimates is a concern. PRKS's attendance outlook is bleak, with foot traffic data showing negative trends and challenges in the current macro environment.
United Parks & Resorts Inc. (NYSE:PRKS ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Matthew Stroud - Investor Relations Marc Swanson - Chief Executive Officer Jim Forrester - Interim Chief Financial Officer and Treasurer Conference Call Participants Steve Wieczynski - Stifel Ben Chaiken - Mizuho James Hardiman - Citi Thomas Yeh - Morgan Stanley Chris Woronka - Deutsche Bank Lizzie Dove - Goldman Sachs Operator Good day, and welcome to the United Parks & Resorts Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
The headline numbers for United Parks & Resorts (PRKS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
United Parks & Resorts (PRKS) came out with quarterly earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.35 per share a year ago.
Get a deeper insight into the potential performance of United Parks & Resorts (PRKS) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.