United Parks & Resorts Q4 Total Revenue $389M, Down 0.4% YoY; Attendance 5M Guests,, Up 23,000 YoY
Portfolio Pulse from Benzinga Newsdesk
United Parks & Resorts reported a Q4 total revenue of $389M, marking a slight decrease of 0.4% YoY. However, attendance saw an increase, with 5M guests attending, up 23,000 from the previous year.
February 28, 2024 | 11:35 am
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United Parks & Resorts reported a minor decrease in Q4 revenue by 0.4% YoY to $389M, but saw an increase in attendance by 23,000 guests to 5M.
The slight decrease in revenue might concern investors, but the increase in attendance indicates a growing interest in United Parks & Resorts' offerings. The mixed results could lead to a neutral short-term impact on PRKS's stock price, as the positive attendance figures may offset concerns about the slight revenue decline.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90