United Parks & Resorts (NYSE:PRKS – Get Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.09, Briefing.com reports. United Parks & Resorts had a negative return on equity of 72.46% and a net margin of 13.56%. The firm had revenue of $297.40 million during the quarter, compared to the consensus estimate of $286.88 million. During the same period in the previous year, the company posted ($0.26) earnings per share. The firm’s quarterly revenue was up 1.4% on a year-over-year basis.
United Parks & Resorts Price Performance
Shares of PRKS stock remained flat at $53.69 on Friday. 239,712 shares of the stock traded hands, compared to its average volume of 845,553. The stock has a market cap of $3.39 billion, a P/E ratio of 14.79 and a beta of 1.83. The business’s fifty day simple moving average is $53.04. United Parks & Resorts has a 1 year low of $40.87 and a 1 year high of $61.30.
Insider Activity
In related news, insider Kyle Robert Miller sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $52.50, for a total value of $52,500.00. Following the transaction, the insider now directly owns 37,961 shares in the company, valued at $1,992,952.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Byron Surrett sold 1,082 shares of the business’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $53.48, for a total transaction of $57,865.36. Following the completion of the transaction, the insider now directly owns 10,586 shares of the company’s stock, valued at approximately $566,139.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kyle Robert Miller sold 1,000 shares of the company’s 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 owns 37,961 shares in the company, valued at $1,992,952.50. The disclosure for this sale can be found here. Insiders sold a total of 8,165 shares of company stock valued at $420,927 in the last 90 days. Company insiders own 1.10% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Research Report on PRKS
About United Parks & Resorts
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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