United Parks & Resorts (NYSE:PRKS) Announces Quarterly Earnings Results

United Parks & Resorts (NYSE:PRKS) released its quarterly earnings data on Monday. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.33), Briefing.com reports. United Parks & Resorts had a negative return on equity of 35.46% and a net margin of 9.09%.The business had revenue of $278.29 million for the quarter, compared to analysts’ expectations of $279.92 million. During the same quarter in the prior year, the firm earned ($0.29) earnings per share. United Parks & Resorts’s quarterly revenue was down 3.0% compared to the same quarter last year.

Here are the key takeaways from United Parks & Resorts’ conference call:

• Attendance fell roughly 171,000 year‑over‑year in Q1, which management attributed mainly to adverse weather (about 140,000 guests) and weaker international visitation (about 80,000), pressuring revenue for the quarter.
• Forward demand indicators improved — in‑park per capita reached a record $40.62 (up 5.3%), total revenue per capita rose 2.1%, paid pass sales were up ~10% in Q1 (~12% through Apr. 30), and deferred revenue increased 4.1% to $203.8M.
• Management continued aggressive buybacks, repurchasing 2.6M shares for ~$92.7M in Q1 and an additional 1.8M shares for ~$64.8M post‑quarter, with ~ $198M remaining on the $500M authorization, signaling confidence in the stock and strong cash flow.
• Profitability weakened as net loss widened to $34.1M (vs. $16.1M prior year) and adjusted EBITDA fell to $58M (down $9.5M), while operating and SG&A rose due mainly to non‑cash self‑insurance adjustments, one‑time consulting costs, and ERP amortization.
• Management highlighted several growth initiatives — a revamped marketing plan (new national SeaWorld campaign), a strong 2026 attractions/events slate, tech investments, sponsorship deals (expecting >$15M in 2026 toward a longer‑term ~$30M target) and active real estate discussions — which they say should drive attendance and revenue going forward.

United Parks & Resorts Stock Performance

Shares of PRKS stock traded up $0.99 on Wednesday, hitting $36.14. The stock had a trading volume of 434,248 shares, compared to its average volume of 1,127,510. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 13.64, a P/E/G ratio of 2.76 and a beta of 1.14. The stock’s 50 day moving average is $34.08 and its 200-day moving average is $36.04. United Parks & Resorts has a 52-week low of $28.77 and a 52-week high of $56.95.

Institutional Trading of United Parks & Resorts

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new stake in United Parks & Resorts in the third quarter valued at $28,000. Empowered Funds LLC acquired a new stake in United Parks & Resorts in the fourth quarter valued at $31,000. Arax Advisory Partners acquired a new stake in United Parks & Resorts in the fourth quarter valued at $31,000. Tower Research Capital LLC TRC raised its holdings in United Parks & Resorts by 238.6% in the second quarter. Tower Research Capital LLC TRC now owns 4,023 shares of the company’s stock valued at $190,000 after acquiring an additional 2,835 shares in the last quarter. Finally, Prudential Financial Inc. acquired a new stake in United Parks & Resorts in the second quarter valued at $208,000.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Stifel Nicolaus restated a “hold” rating and issued a $40.00 target price (down from $43.00) on shares of United Parks & Resorts in a research note on Tuesday. Citigroup decreased their target price on shares of United Parks & Resorts from $40.00 to $39.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of United Parks & Resorts from $63.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Mizuho upgraded shares of United Parks & Resorts from an “underperform” rating to an “outperform” rating and upped their target price for the company from $27.00 to $47.00 in a research note on Friday, May 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of United Parks & Resorts in a research note on Friday, March 27th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $47.20.

About United Parks & Resorts

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.