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Seeking Clues to United Parks & Resorts (PRKS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
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The upcoming report from United Parks & Resorts (PRKS - Free Report) is expected to reveal quarterly earnings of $2.19 per share, indicating an increase of 14.1% compared to the year-ago period. Analysts forecast revenues of $551.75 million, representing an increase of 0.6% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 6.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific United Parks & Resorts metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Food, merchandise and other' at $257.90 million. The estimate suggests a change of +3.8% year over year.
According to the collective judgment of analysts, 'Admissions' should come in at $299.44 million. The estimate points to a change of -0.1% from the year-ago quarter.
Based on the collective assessment of analysts, 'Total revenue per capita' should arrive at $77.15. The estimate compares to the year-ago value of $76.90.
The collective assessment of analysts points to an estimated 'Attendance' of 7,139. The estimate compares to the year-ago value of 7,100.
Analysts predict that the 'Admissions per capita' will reach $41.42. Compared to the present estimate, the company reported $42.05 in the same quarter last year.
The combined assessment of analysts suggests that 'In-Park per capita spending' will likely reach $35.78. The estimate compares to the year-ago value of $34.85.
United Parks & Resorts shares have witnessed a change of +8.7% in the past month, in contrast to the Zacks S&P 500 composite's +0.7% move. With a Zacks Rank #4 (Sell), PRKS is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Seeking Clues to United Parks & Resorts (PRKS) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from United Parks & Resorts (PRKS - Free Report) is expected to reveal quarterly earnings of $2.19 per share, indicating an increase of 14.1% compared to the year-ago period. Analysts forecast revenues of $551.75 million, representing an increase of 0.6% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 6.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Bearing this in mind, let's now explore the average estimates of specific United Parks & Resorts metrics that are commonly monitored and projected by Wall Street analysts.
The average prediction of analysts places 'Food, merchandise and other' at $257.90 million. The estimate suggests a change of +3.8% year over year.
According to the collective judgment of analysts, 'Admissions' should come in at $299.44 million. The estimate points to a change of -0.1% from the year-ago quarter.
Based on the collective assessment of analysts, 'Total revenue per capita' should arrive at $77.15. The estimate compares to the year-ago value of $76.90.
The collective assessment of analysts points to an estimated 'Attendance' of 7,139. The estimate compares to the year-ago value of 7,100.
Analysts predict that the 'Admissions per capita' will reach $41.42. Compared to the present estimate, the company reported $42.05 in the same quarter last year.
The combined assessment of analysts suggests that 'In-Park per capita spending' will likely reach $35.78. The estimate compares to the year-ago value of $34.85.
View all Key Company Metrics for United Parks & Resorts here>>>
United Parks & Resorts shares have witnessed a change of +8.7% in the past month, in contrast to the Zacks S&P 500 composite's +0.7% move. With a Zacks Rank #4 (Sell), PRKS is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>