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ORLANDO, Fla. , July 12, 2022 /PRNewswire/ -- SeaWorld Entertainment, Inc. (NYSE: SEAS) announced today that it will release its second quarter financial results before the market opens on Thursday, August 4, 2022.
Theme park and entertainment company SeaWorld Entertainment (NYSE: SEAS) stock has sunk (-33%) for the year.
Disney World's top rival is boosting annual-pass prices again. That's bad news for consumers, but great news for the industry and its investors.
SeaWorld Entertainment's investors have been hammered in recent months, despite continued strong fundamental performance for the business. The company is also buying back stock and tried to acquire Cedar Fair, which illustrates management's desire to add value to investors.
SeaWorld Entertainment, Inc. (NYSE:SEAS ) Q1 2022 Earnings Conference Call May 5, 2022 9:00 AM ET Company Participants Matthew Stroud - Vice President, Investor Relations Marc Swanson - Chief Executive Officer Elizabeth Gulacsy - Chief Financial Officer & Treasurer Conference Call Participants Steve Wieczynski - Stifel James Hardiman - Citi Chris Woronka - Deutsche Bank Ben Chaiken - Crédit Suisse Barton Crockett - Rosenblatt Securities Michael Swartz - Truist Securities Paul Golding - Macquarie Philip Cusick - JPMorgan Operator Good day, and welcome to the SeaWorld Parks & Entertainment First Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
SeaWorld (SEAS) delivered earnings and revenue surprises of 20% and 3.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
SeaWorld Entertainment Inc. SEAS, -0.41% reported Thursday a narrower first-quarter loss and revenue that rose above expectations, as attendance topped pre-pandemic levels. The theme park operator's stock was still inactive in premarket trading.
SeaWorld (SEAS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.