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

United Parks & Resorts (NYSE:PRKS) posted its quarterly earnings data on Thursday. The company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.14), FiscalAI reports. United Parks & Resorts had a net margin of 7.57% and a negative return on equity of 23.19%. The company had revenue of $506.45 million for the quarter, compared to analyst estimates of $511.03 million. During the same period in the prior year, the company earned $1.61 EPS. The company’s revenue was down 1.1% compared to the same quarter last year.

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

• Q3 revenue fell 1.1% to $506.5 million, attendance declined 4.7%, and Adjusted EBITDA decreased $11.2 million to $205.1 million. Management attributed attendance weakness to weather, calendar effects, and lower international visitation, while higher per-capita spending partly offset the decline.
• Pass sales rose nearly 8% in Q3, and the paid pass base was up 0.3% year over year as of October 31; passes tied specifically to 2027 were up more than 15%. Management sees these trends, alongside double-digit growth in forward bookings for Discovery Cove and group business, as support for a return to growth in 2027.
• The company is targeting another $40 million–$50 million in gross cost savings for 2027, following its existing $50 million savings program, and expects technology, automation, and tighter cost management to help. Management said revenue growth could also support margins, though past gross savings have not always translated into net savings or margin expansion.
• United Parks bought back about $218 million of stock, or roughly 12% of shares outstanding, this year, but made no repurchases in Q3 because of cash-flow dynamics and expects to resume only when liquidity and other conditions permit. Discussions with prospective real-estate partners continue, but management cautioned that there is no assurance of a deal.

United Parks & Resorts Stock Performance

PRKS traded up $1.95 on Friday, reaching $39.81. 1,068,820 shares of the company’s stock were exchanged, compared to its average volume of 744,648. The company’s 50 day moving average is $34.47 and its 200-day moving average is $38.07. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 3.76 and a beta of 1.22. United Parks & Resorts has a twelve month low of $28.77 and a twelve month high of $50.00.

Insiders Place Their Bets

In other United Parks & Resorts news, insider James Forrester, Jr. sold 1,150 shares of United Parks & Resorts stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $35.71, for a total transaction of $41,066.50. Following the transaction, the insider directly owned 26,733 shares of the company’s stock, valued at $954,635.43. The trade was a 4.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.70% of the stock is currently owned by company insiders.

Key Stories Impacting United Parks & Resorts

Here are the key news stories impacting United Parks & Resorts this week:

• Positive Sentiment: United Parks’ 2027 outlook helped offset its Q3 earnings miss, and shares rose as investors responded to the forward view. United Parks Shares Rise as 2027 Outlook Offsets Third-Quarter Earnings Miss
• Positive Sentiment: The stock moved above its 50-day moving average following the results, a potentially encouraging technical signal. United Parks Stock Price Crosses Above 50-Day Moving Average Following Weak Earnings
• Neutral Sentiment: The CEO promised continued investment and improvements at Busch Gardens Tampa Bay. This could support the park’s longer-term appeal, though investment may also involve added costs. United Parks CEO Promises Busch Gardens Tampa Bay Improvements
• Negative Sentiment: Q3 adjusted earnings were $1.74 per share, below the roughly $1.87–$1.88 analyst consensus. Revenue of about $506.5 million also missed expectations of $511 million and declined 1.1% year over year. United Parks Reports Third Quarter 2026 Results
• Negative Sentiment: Lower attendance weighed on the quarter; the company pointed to poor weather and international-market headwinds as factors dragging traffic. United Parks Points to International Headwinds and Poor Weather as Traffic Drags

Wall Street Analysts Forecast Growth

PRKS has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “neutral” rating and issued a $39.00 target price on shares of United Parks & Resorts in a research report on Friday. Truist Financial dropped their price target on shares of United Parks & Resorts from $53.00 to $49.00 and set a “buy” rating for the company in a research report on Thursday, September 10th. Zacks Research raised shares of United Parks & Resorts from a “strong sell” rating to a “hold” rating in a research note on Monday, October 12th. Barclays lifted their price target on shares of United Parks & Resorts from $37.00 to $41.00 and gave the company an “equal weight” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft set a $55.00 price objective on shares of United Parks & Resorts in a research note on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $45.70.

About United Parks & Resorts

United Parks & Resorts Inc (NYSE: PRKS) is a theme park and entertainment company that owns and operates a portfolio of destination amusement and water parks in the United States. Its properties combine rides, live entertainment, animal exhibits, educational experiences, seasonal events and hospitality-related offerings.

The company’s portfolio includes SeaWorld parks in Orlando, San Antonio and San Diego; Busch Gardens parks in Tampa and Williamsburg, Virginia; Sesame Place parks in Pennsylvania and California; and water parks and attractions such as Aquatica, Adventure Island, Water Country USA and Discovery Cove.