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

United Parks & Resorts (NYSE:PRKS) posted its quarterly earnings data on Tuesday. The company reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.33), Zacks reports. The company had revenue of $483.32 million for the quarter, compared to the consensus estimate of $492.10 million. United Parks & Resorts had a negative return on equity of 35.46% and a net margin of 9.09%.United Parks & Resorts’s revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the business earned $1.45 EPS.

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

• Second-quarter performance weakened: Revenue fell 1.4% to $483.3 million, attendance declined 2.9%, and adjusted EBITDA decreased $10.8 million to $195.5 million, pressured by the Easter calendar shift, lower international visitation, weather, and higher operating expenses.
• Guest spending remained a bright spot. Total revenue per capita increased 1.5%, led by a 5.1% rise in in-park per-capita spending from pricing, greater product penetration, technology upgrades, and improved food, retail, photo, and catering offerings.
• July revenue was preliminarily down approximately 2% as wildfires, poor air quality, excessive heat, and extended rain reduced attendance, although admissions and in-park spending per capita increased.
• Management cited several potential catalysts, including double-digit growth in advanced bookings for Discovery Cove and group business, ahead-of-last-year Howl-O-Scream bookings, new Sony Pictures intellectual property, and a new strategy aimed at meaningfully growing the 2027 pass base.
• The company repurchased 3.3 million shares for approximately $125 million in the quarter, remains on pace for $50 million of gross cost savings in 2026, and said credible third parties are assigning real-estate valuations that compare favorably with the company’s public-market enterprise value.

United Parks & Resorts Stock Performance

Shares of PRKS opened at $46.26 on Wednesday. United Parks & Resorts has a 52-week low of $28.77 and a 52-week high of $56.95. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 17.46, a PEG ratio of 3.64 and a beta of 1.16. The business’s fifty day moving average is $45.13 and its 200-day moving average is $38.61.

United Parks & Resorts News Summary

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

• Positive Sentiment: Management outlined a target of $50 million in gross cost savings during 2026. If achieved, the savings could support margins and cash flow amid softer attendance and tourism trends. The company is also exploring real-estate options that could unlock additional value. United Parks outlines $50 million 2026 gross cost savings target
• Positive Sentiment: The earnings call highlighted initiatives intended to improve operating performance, giving investors a potential path to offset weaker near-term revenue. United Parks & Resorts Earnings Call Shows Mixed Momentum
• Neutral Sentiment: United Parks & Resorts reported second-quarter revenue of $483.32 million and earnings of $1.34 per share. The results provide a mixed picture: profitability remained positive, but both revenue and earnings declined from the prior-year period. United Parks & Resorts Reports Second Quarter and First Six Months 2026 Results
• Negative Sentiment: Second-quarter EPS of $1.34 missed the consensus estimate of $1.67, while revenue fell short of the roughly $492.1 million estimate. EPS declined from $1.45 a year earlier, and revenue decreased 1.4% year over year. United Parks & Resorts Q2 Earnings and Revenues Lag Estimates
• Negative Sentiment: Management attributed pressure on results in part to a decline in international tourism, raising concerns about demand from overseas visitors and the outlook for the remainder of the year. United Parks & Resorts falls after international tourism decline impacts results

Insider Buying and Selling at United Parks & Resorts

In related news, insider Christopher L. Finazzo sold 8,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $36.76, for a total value of $294,080.00. Following the sale, the insider directly owned 130,285 shares of the company’s stock, valued at $4,789,276.60. This trade represents a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Nomura Holdings Inc. boosted its stake in shares of United Parks & Resorts by 742.3% in the 3rd quarter. Nomura Holdings Inc. now owns 4,476,357 shares of the company’s stock valued at $231,428,000 after purchasing an additional 3,944,894 shares in the last quarter. Goldentree Asset Management LP increased its position in United Parks & Resorts by 83.5% during the 4th quarter. Goldentree Asset Management LP now owns 2,438,437 shares of the company’s stock worth $88,366,000 after purchasing an additional 1,109,930 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in United Parks & Resorts by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,078,618 shares of the company’s stock valued at $55,767,000 after purchasing an additional 8,877 shares during the last quarter. Long Pond Capital LP acquired a new stake in United Parks & Resorts in the fourth quarter valued at approximately $31,036,000. Finally, Goldman Sachs Group Inc. boosted its position in United Parks & Resorts by 42.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 854,226 shares of the company’s stock valued at $31,008,000 after buying an additional 255,063 shares in the last quarter.

Analyst Upgrades and Downgrades

PRKS has been the topic of a number of recent analyst reports. Mizuho upgraded United Parks & Resorts from an “underperform” rating to an “outperform” rating and raised their price target for the stock from $27.00 to $47.00 in a research report on Friday, May 8th. Zacks Research upgraded shares of United Parks & Resorts from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. UBS Group reissued a “neutral” rating and issued a $45.00 target price on shares of United Parks & Resorts in a report on Monday, June 15th. Guggenheim dropped their target price on shares of United Parks & Resorts from $54.00 to $51.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Finally, Citizens Jmp initiated coverage on shares of United Parks & Resorts in a research report on Monday, June 29th. They issued a “market perform” rating for the company. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $47.20.

About United Parks & Resorts

United Parks & Resorts, Inc is a holding company, which engages in the ownership and operation of theme parks. Its portfolio includes SeaWorld, Busch Gardens, Aquatica, Discovery Cove, Sesame Place, and Sea Rescue. The company was founded in 1959 and is headquartered in Orlando, FL.