Loading...
•
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.
United Parks & Resorts
United Parks & Resorts
United Parks & Resorts Revenue by Segment
Revenue by Segment
Admissions Revenue
CapyFin.comFood, Merchandise and Other Revenue
CapyFin.com 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