NYSE$PRKS
United Parks & Resorts Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported record attendance and in-park per capita spending despite adverse weather impacts and an unfavorable calendar shift.
United Parks & Resorts Inc. reported a slight decrease in total revenue and net income for Q4 2023, despite record attendance and in-park per capita spending. The company hosted 5.0 million guests, with total revenue of $389.0 million and net income of $40.1 million.
- Attendance was a record 5.0 million guests, an increase of approximately 23,000 guests from Q4 2022.
- Total revenue was $389.0 million, a decrease of $1.6 million or 0.4% from Q4 2022.
- Net income was $40.1 million, a decrease of $9.0 million from Q4 2022.
- Total revenue per capita decreased 0.9% to $78.42, while in-park per capita spending increased 1.5% to a record $33.96.
Headline financials
Revenue & EPS history
United Parks & Resorts · Revenue · Quarterly
$389M
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 expects meaningful growth and new records in revenue and Adjusted EBITDA for 2024, driven by new rides, attractions, events, and improved in-park venues.
Tailwinds
- Incredible line-up of new, one-of-a kind rides, attractions and events
- Improved in park venues and offerings across our parks
- Celebrating SeaWorld Parks 60th anniversary this year
- New rides and attractions are all currently scheduled to open before the peak summer season
- 2024 bookings trending ahead of prior year for both group sales and our Discovery Cove Property
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 Q4 2023
-0.3%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.7%
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% | +12.2% | |
| 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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