Alert: New Earnings Report (5/8/24)-SeaWorld Entertainment Inc (NYSE: SEAS).

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For its first fiscal quarter (ending March 31), SeaWorld Entertainment Inc (NYSE: SEAS) has reported E.P.S. of $-0.17 compared to $-0.26 a year ago. This performance was $0.03 better than the consensus estimate of $-0.20. For the latest four quarters through March 31, E.P.S. were $3.75 compared to $4.13 a year ago — a decline of -9%.

Recent Price Action

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SeaWorld Entertainment Inc (NYSE: SEAS) stock closed at $51.62 on 5/8/24 after a very large increase of 5.0%. Moreover, trading volume in this advance was exceptionally high at 207% of normal. The stock has risen 1.6% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

SEAS is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

SeaWorld Entertainment is currently unrated.

Rating Review

The stock is currently unrated.

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