Seeking Clues to United Parks & Resorts (PRKS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for United Parks & Resorts (PRKS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
United Parks & Resorts: Desirable Group Of Assets Finally Turning The Corner With Multiple Ways To Win
Following a rocky decade, including the Blackfish controversy and ownership turbulence, United Parks & Resorts is finally poised for success. PRKS has plenty of room to drive further growth through an admissions rebound and per-cap spending growth near term, and the addition of accommodation options longer term. A 25-35% IRR is possible even under conservative assumptions; both a gradual re-rating or a sale of the business are plausible outcomes here.
United Parks & Resorts: Near-Term Performance Seems Bleak
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. (PRKS) Q2 2024 Earnings Call Transcript
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.
United Parks & Resorts (PRKS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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) Q2 Earnings and Revenues Lag Estimates
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.
Ahead of United Parks & Resorts (PRKS) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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.
