Alert: New Earnings Report (8/7/24)-SeaWorld Entertainment Inc (NYSE: SEAS).

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SeaWorld Entertainment Inc (NYSE: SEAS) has reported earnings for its second fiscal quarter (ending June 30) of $1.47 versus $1.36 for the same period a year ago — an increase of 8%. However, this performance was $-0.12 short of the consensus estimate of $1.59. For the latest four quarters through June 30, E.P.S. were $3.83 versus $3.86 for the same period a year ago — a decline of -1%.

Recent Price Action

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On 8/7/24, SeaWorld Entertainment Inc (NYSE: SEAS) stock declined slightly by -0.7%, closing at $46.35. Moreover, exceptionally high trading volume at 252% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -12.6% during the last week.

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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