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Stock impact report

SeaWorld loss widens, revenue beats expectations as visitors spend more [MarketWatch]

SeaWorld Entertainment, Inc. (SEAS) 
Last seaworld entertainment, inc. earnings: 2/26 06:30 am Check Earnings Report
Company Research Source: MarketWatch
SeaWorld loss widens, revenue beats expectations as visitors spend more SeaWorld Entertainment Inc. SEAS, +1.81% reported Tuesday a fourth-quarter net loss that widened to $20.4 million, or 24 cents a share, from $11.9 million, or 14 cents a share, in the same period a year ago. The FactSet consensus for per-share losses was 19 cents. Revenue slipped 0.8% to $265.5 million, but topped the FactSet consensus of $259.0 million. Attendance declined 2.7% to 4.3 million, in line with the FactSet consensus, but total revenue per capita rose 2.0% to $62.3 million, beating expectations of $60.9 million. In-park per capita spending, which includes food and merchandise, grew 2.9% to $24.75 million. "Looking ahead to 2018 we are excited to see positive trends," said Interim Chief Executive John Reilly. "Year-to-date attendance and season pass sales to date have increased year-over-year, led by our SeaWorld San Diego park which is rebounding from a difficult 2017." The stock, which was still in Show less Read more
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