tiprankstipranks
SeaWorld reports Q4 EPS 76c, consensus 73c
The Fly

SeaWorld reports Q4 EPS 76c, consensus 73c

Reports Q4 revenue $390.52M, consensus $382.08M. Attendance was 4.9 million guests. Total revenue per capita increased 5.7%. "We are pleased to report another quarter and fiscal year of record financial results," said Marc Swanson, CEO of SeaWorld Entertainment, Inc. "In the fourth quarter we delivered record revenue, our second highest net income and record Adjusted EBITDA. For fiscal 2022, we delivered record revenue, record net income and record Adjusted EBITDA. Results for the fourth quarter versus the prior year would have been even better if it weren’t for significant adverse weather impacts in most of our markets during the November and December holiday period, and the negative impact of Hurricane Ian in October and Hurricane Nicole in November. We estimate that these combined weather-related impacts reduced attendance by approximately 249,000 guest visits during the quarter. We continued to drive growth in total per caps, including during our Halloween and Christmas events during the quarter, demonstrating the effectiveness of our revenue strategies, our pricing power and the strength of consumer spending in our parks. I want to thank our ambassadors for their continued dedication, efforts, and contributions, without which, these strong results would not have been possible."

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on SEAS:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles