SeaWorld: 3Q Earnings Snapshot
SeaWorld Entertainment Inc. (SEAS) on Monday reported third-quarter profit of $96 million.
The Orlando, Florida-based company said it had net income of $1.10 per share. Earnings, adjusted for restructuring costs, were $1.13 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The theme park operator posted revenue of $483.2 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $480.2 million.
SeaWorld shares have risen 94 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on SEAS at https://www.zacks.com/ap/SEAS