SeaWorld Entertainment Reports Preliminary Q2 Results; Expects Total Revenues To Be $494M-$497M Versus $504.8M Last Year (Consensus $518.25M)
Portfolio Pulse from Benzinga Newsdesk
SeaWorld Entertainment has reported its preliminary Q2 results, expecting total revenues to be between $494M and $497M, which is lower than the $504.8M reported last year and below the consensus estimate of $518.25M.
August 01, 2023 | 11:55 am
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SeaWorld's lower than expected Q2 revenues may negatively impact its stock price in the short term.
SeaWorld's expected Q2 revenues are lower than both last year's revenues and the consensus estimate. This underperformance may lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100