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Sep 30, 2024
United Parks & Resorts Q3 2024 Earnings Report
Reports solid financial results impacted by weather and calendar shift.
Key Takeaways
United Parks & Resorts Inc. reported a slight decrease in total revenue and net income for Q3 2024, with revenue at $545.9 million and net income at $119.7 million. Attendance decreased by 1.4% to 7.0 million guests, while total revenue per capita increased by 1.0% to $77.66.
Attendance decreased by 1.4% to 7.0 million guests due to weather and calendar shifts.
Total revenue decreased slightly by 0.4% to $545.9 million.
Net income decreased by 3.1% to $119.7 million.
Total revenue per capita increased by 1.0% to $77.66.
Revenue by Segment
Forward Guidance
The company is pleased with forward demand indicators for 2025, with intended date ticket sales, group bookings, and Discovery Cove bookings all trending up double-digit percentages ahead of the prior year. The company also launched a new and improved premium pass program which features the best benefits ever and has seen strong sales since launch – with sales up over 10% to date.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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