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Stock impact report

Another Big Reason SeaWorld's Theme Parks Are Struggling [The Motley Fool]

SeaWorld Entertainment, Inc. (SEAS) 
Last seaworld entertainment, inc. earnings: 2/26 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
The company had a decent quarter, but it still has some big problems. SeaWorld Entertainment ( NYSE:SEAS ) has bounced back a bit from its darkest days. The company posted strong first-quarter results in May: Revenue climbed by $30.8 million (16.5%) year over year to $217.2 million, and attendance rose by 14.9% to 3.2 million guests. That's good news, but the theme park operator still lost $62.8 million, which was a bit worse than its $61.1 million loss in Q1 2017. A first-quarter loss, however, is not unexpected, as only five of the company's 12 parks are open for the entire quarter. In general, SeaWorld has worked its way back from the darkest days of the Blackfish scandal . The theme park operator, however, still has a major problem -- at least at its self-named Orlando park. It has some attractions and shows that rival what Walt Disney 's ( NYSE:DIS ) four parks and Comcast 's ( NASDAQ:CMCSA ) Universal Studios parks offer, but its execution is Show less Read more
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