NYSE$PRKS
United Parks & Resorts Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
United Parks & Resorts reported first quarter results with record revenue and Adjusted EBITDA.
United Parks & Resorts reported a record total revenue of $297.4 million, a 1.4% increase from Q1 2023. Attendance increased by 2.1% to 3.5 million guests. Net loss was $11.2 million, an improvement of $5.3 million from the prior year. Adjusted EBITDA reached a record $79.2 million, up 9.3% year-over-year.
- Attendance increased by 2.1% year-over-year, reaching 3.5 million guests.
- Total revenue reached a record $297.4 million, a 1.4% increase compared to Q1 2023.
- Net loss improved by $5.3 million from the first quarter of 2023, totaling $11.2 million.
- Adjusted EBITDA was a record $79.2 million, reflecting a 9.3% increase from the previous year.
Headline financials
Revenue & EPS history
United Parks & Resorts · Revenue · Quarterly
$297M
Revenue by segment
United Parks & Resorts · $548M total across 2 segments · Q3 2023
- Admissions$300M—54.7%
- Food, merchandise & other$248M—45.3%
Forward guidance
The company continues to expect to deliver new records in revenue and Adjusted EBITDA for 2024.
Tailwinds
- Exceptional line-up of new, one-of-a kind rides, attractions and events
- Improved in park venues and offerings across our parks
- Launched SeaWorld Parks 60th anniversary celebration featuring special events, shows and attractions that will continue throughout the year
- Encouraged by the booking trends at our Discovery Cove property
- Group bookings which are running well ahead of 2023
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-0.3%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.4%
Avg return
30 days after
48%
27 / 56 earnings
Positive
+21.1%
Q2 2018
Best reaction
-36.1%
Q2 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -7.2% | -8.0% | — | |
| Q4 2025 | +6.2% | +1.5% | -12.0% | |
| Q3 2025 | -24.2% | -25.7% | -23.1% | |
| Q1 2025 | +3.8% | +4.3% | -10.0% | |
| Q4 2024 | -3.2% | -7.0% | -15.2% | |
| Q3 2024 | -0.1% | +0.0% | +5.2% | |
| Q2 2024 | +0.7% | +1.2% | +11.5% | |
| Q1 2024 | +9.2% | +9.5% | +2.9% | |
| Q4 2023 | +5.2% | +9.8% | +15.2% | |
| Q3 2023 | -3.1% | -0.5% | +9.9% | |
| Q2 2023 | -5.9% | -5.3% | -11.1% | |
| Q1 2023 | +4.5% | +1.5% | +2.7% | |
| Q4 2022 | +1.6% | +4.1% | -7.7% | |
| Q3 2022 | -1.3% | +0.3% | -6.9% | |
| Q2 2022 | +7.5% | +7.8% | +4.7% | |
| Q1 2022 | -9.6% | -16.3% | -19.7% | |
| Q4 2021 | +7.1% | -1.4% | +8.7% | |
| Q3 2021 | -6.0% | -7.7% | -6.7% | |
| Q2 2021 | +19.6% | +16.0% | +8.9% | |
| Q1 2021 | +0.9% | -0.5% | +5.2% | |
| Q4 2020 | +20.1% | +17.0% | +22.7% | |
| Q3 2020 | +1.9% | +16.5% | +27.7% | |
| Q2 2020 | +7.2% | +12.4% | +27.6% | |
| Q1 2020 | -5.4% | -17.2% | +30.8% | |
| Q4 2019 | -7.0% | -11.1% | -54.1% | |
| Q3 2019 | +13.5% | +14.0% | +14.9% | |
| Q2 2019 | +2.9% | +12.9% | -1.0% | |
| Q1 2019 | +3.8% | +4.1% | +17.5% | |
| Q4 2018 | +6.6% | +7.7% | +1.8% | |
| Q3 2018 | -3.1% | -5.9% | +5.6% | |
| Q2 2018 | +21.1% | +18.3% | +42.2% | |
| Q1 2018 | +5.6% | +7.8% | +28.6% | |
| Q4 2017 | -7.1% | -6.9% | -5.8% | |
| Q3 2017 | +8.8% | +8.6% | +15.2% | |
| Q2 2017 | -6.1% | -6.2% | -9.3% | |
| Q1 2017 | +8.7% | +4.9% | -5.1% | |
| Q4 2016 | +0.6% | -3.1% | -9.9% | |
| Q3 2016 | +15.1% | +19.3% | +30.5% | |
| Q2 2016 | -11.0% | -12.5% | -11.3% | |
| Q1 2016 | -5.1% | — | — | |
| Q4 2015 | -10.3% | — | — | |
| Q3 2015 | -7.1% | — | — | |
| Q2 2015 | +3.8% | — | — | |
| Q1 2015 | -2.6% | — | — | |
| Q4 2014 | -7.9% | — | — | |
| Q3 2014 | -8.5% | — | — | |
| Q2 2014 | -36.1% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2011 | -2.5% | — | — | |
| Q4 2013 | +0.6% | — | — | |
| Q3 2012 | -4.0% | — | — | |
| Q3 2013 | -3.9% | — | — | |
| Q2 2012 | -7.8% | — | — | |
| Q2 2013 | -4.2% | — | — | |
| Q1 2012 | +0.7% | — | — | |
| Q1 2013 | -1.7% | — | — | |
| Q4 2012 | — | — | — |
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