SeaWorld Entertainment Q2 EPS $1.35 Vs. $1.62 Prior Year, Sales $496.00M Beat $494.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
SeaWorld Entertainment (NYSE:SEAS) reported Q2 earnings of $1.35 per share, a 16.67% decrease from the same period last year. However, the company's quarterly sales of $496.00 million beat the analyst consensus estimate of $494.19 million by 0.37%, despite being a 1.75% decrease from last year.
August 08, 2023 | 10:32 am
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SeaWorld's Q2 earnings per share decreased by 16.67% YoY, but sales beat analyst estimates by 0.37%.
While SeaWorld's earnings per share decreased, the company managed to beat sales estimates, which could have a mixed impact on the stock. Investors may be concerned about the decrease in earnings, but encouraged by the higher-than-expected sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100