United Parks & Resorts Full Year 2023 Earnings: EPS Misses Expectations
United Parks & Resorts (NYSE:PRKS) Full Year 2023 Results
Key Financial Results
Revenue: US$1.73b (flat on FY 2022).
Net income: US$234.2m (down 20% from FY 2022).
Profit margin: 14% (down from 17% in FY 2022).
EPS: US$3.66 (down from US$4.18 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Parks & Resorts EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.8%.
Looking ahead, revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's shares are up 9.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for United Parks & Resorts that we have uncovered.
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