United Parks & Resorts (NYSE:PRKS – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.09, Briefing.com reports. The company had revenue of $297.40 million during the quarter, compared to analyst estimates of $286.88 million. United Parks & Resorts had a net margin of 13.56% and a negative return on equity of 72.46%. United Parks & Resorts’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.26) earnings per share.
United Parks & Resorts Trading Up 3.9 %
United Parks & Resorts stock traded up $2.00 during trading hours on Thursday, hitting $53.62. 533,404 shares of the company traded hands, compared to its average volume of 841,652. The firm’s 50-day moving average price is $53.00. United Parks & Resorts has a 1-year low of $40.87 and a 1-year high of $61.30. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 14.22 and a beta of 1.83.
Insider Buying and Selling
In other United Parks & Resorts news, insider Kyle Robert Miller sold 1,000 shares of United Parks & Resorts stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $52.50, for a total transaction of $52,500.00. Following the sale, the insider now directly owns 37,961 shares of the company’s stock, valued at $1,992,952.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Kyle Robert Miller sold 1,000 shares of the company’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $52.50, for a total value of $52,500.00. Following the completion of the sale, the insider now owns 37,961 shares in the company, valued at approximately $1,992,952.50. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Byron Surrett sold 1,082 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $53.48, for a total transaction of $57,865.36. Following the sale, the insider now directly owns 10,586 shares in the company, valued at $566,139.28. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,165 shares of company stock worth $420,927. Insiders own 1.10% of the company’s stock.
Analyst Ratings Changes
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United Parks & Resorts Company Profile
United Parks & Resorts Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. It operates and licenses SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; Abu Dhabi, United Arab Emirates; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
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