SeaWorld Entertainment (NYSE:SEAS) posted its quarterly earnings results on Thursday. The company reported $1.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.39 by ($0.15), Briefing.com reports. SeaWorld Entertainment had a return on equity of 45.30% and a net margin of 7.24%. The business had revenue of $473.70 million during the quarter, compared to analysts’ expectations of $488.84 million. During the same quarter in the prior year, the firm earned $1.10 EPS. The firm’s revenue for the quarter was down 2.0% compared to the same quarter last year.
NYSE:SEAS traded up $0.68 during mid-day trading on Friday, hitting $29.28. 1,951,536 shares of the company traded hands, compared to its average volume of 1,552,949. The stock’s fifty day moving average price is $26.88 and its 200-day moving average price is $29.04. SeaWorld Entertainment has a one year low of $21.36 and a one year high of $34.72. The company has a quick ratio of 0.25, a current ratio of 0.34 and a debt-to-equity ratio of 12.28. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 2.35 and a beta of 1.17.
In other SeaWorld Entertainment news, insider Marc Swanson sold 5,827 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $29.98, for a total transaction of $174,693.46. Following the completion of the sale, the insider now owns 113,962 shares of the company’s stock, valued at $3,416,580.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.90% of the company’s stock.
SeaWorld Entertainment Company Profile
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
Featured Story: Hedge Funds Explained
Receive News & Ratings for SeaWorld Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaWorld Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.