United Parks & Resorts Q4 2022 Earnings Report
Key Takeaways
SeaWorld Entertainment, Inc. reported record total revenue of $390.5 million for Q4 2022, an increase of 5.3% compared to Q4 2021. Net income was $49.0 million, a decrease of $22.5 million from the fourth quarter of 2021. Attendance was 4.9 million guests, a decrease of approximately 16,000 guests from the fourth quarter of 2021.
Attendance was 4.9 million guests, a decrease of approximately 16,000 guests from the fourth quarter of 2021.
Total revenue was a record $390.5 million, an increase of $19.7 million or 5.3% from the fourth quarter of 2021.
Net income was $49.0 million, the second highest net income for the Company and a decrease of $22.5 million from the fourth quarter of 2021.
Total revenue per capita increased 5.7% to a record $79.10 from the fourth quarter of 2021.
United Parks & Resorts
United Parks & Resorts
United Parks & Resorts Revenue by Segment
Forward Guidance
The Company expects meaningful growth and new records in revenue and Adjusted EBITDA for 2023.
Positive Outlook
- Exceptional line up of new rides
- Exceptional line up of new attractions
- Exceptional line up of new events
- New and improved in park venues
- New and improved offerings
Revenue & Expenses
Visualization of income flow from segment revenue to net income