United Parks & Resorts (NYSE:PRKS) Issues Earnings Results, Misses Expectations By $0.14 EPS

Posted by George Bondi on Nov 7th, 2026

United Parks & Resorts (NYSE:PRKS – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.14), FiscalAI reports. The firm had revenue of $506.45 million during the quarter, compared to the consensus estimate of $511.03 million. United Parks & Resorts had a negative return on equity of 27.85% and a net margin of 8.11%. The firm’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.61 EPS.

Here are the key takeaways from United Parks & Resorts’ conference call:

Q3 revenue fell 1.1% to $506.5 million, attendance declined 4.7%, and Adjusted EBITDA decreased $11.2 million to $205.1 million. Management attributed attendance weakness to weather, calendar effects, and lower international visitation, while higher per-capita spending partly offset the decline.
Pass sales rose nearly 8% in Q3, and the paid pass base was up 0.3% year over year as of October 31; passes tied specifically to 2027 were up more than 15%. Management sees these trends, alongside double-digit growth in forward bookings for Discovery Cove and group business, as support for a return to growth in 2027.
The company is targeting another $40 million–$50 million in gross cost savings for 2027, following its existing $50 million savings program, and expects technology, automation, and tighter cost management to help. Management said revenue growth could also support margins, though past gross savings have not always translated into net savings or margin expansion.
United Parks bought back about $218 million of stock, or roughly 12% of shares outstanding, this year, but made no repurchases in Q3 because of cash-flow dynamics and expects to resume only when liquidity and other conditions permit. Discussions with prospective real-estate partners continue, but management cautioned that there is no assurance of a deal.

United Parks & Resorts Stock Up 5.1%

PRKS stock traded up $1.95 during trading on Friday, hitting $39.81. 1,068,820 shares of the company’s stock traded hands, compared to its average volume of 690,477. The firm has a market capitalization of $1.80 billion, a P/E ratio of 14.91, a PEG ratio of 3.13 and a beta of 1.22. United Parks & Resorts has a 1 year low of $28.77 and a 1 year high of $50.00. The business has a fifty day simple moving average of $34.47 and a two-hundred day simple moving average of $38.07.

Insiders Place Their Bets

In other United Parks & Resorts news, insider James Forrester, Jr. sold 1,150 shares of the stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $35.71, for a total transaction of $41,066.50. Following the sale, the insider owned 26,733 shares of the company’s stock, valued at approximately $954,635.43. This trade represents a 4.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PRKS. Deutsche Bank Aktiengesellschaft set a $55.00 target price on United Parks & Resorts in a research note on Thursday, August 6th. Zacks Research upgraded United Parks & Resorts from a “strong sell” rating to a “hold” rating in a report on Monday, October 12th. Guggenheim raised their price target on United Parks & Resorts from $51.00 to $54.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Citigroup boosted their price objective on United Parks & Resorts from $34.00 to $39.00 and gave the company a “neutral” rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their price objective on United Parks & Resorts from $39.00 to $44.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Four equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $45.70.

Check Out Our Latest Stock Report on United Parks & Resorts

Key United Parks & Resorts News

Here are the key news stories impacting United Parks & Resorts this week:

Positive Sentiment: United Parks’ 2027 outlook helped offset its Q3 earnings miss, and shares rose as investors responded to the forward view. United Parks Shares Rise as 2027 Outlook Offsets Third-Quarter Earnings Miss
Positive Sentiment: The stock moved above its 50-day moving average following the results, a potentially encouraging technical signal. United Parks Stock Price Crosses Above 50-Day Moving Average Following Weak Earnings
Neutral Sentiment: The CEO promised continued investment and improvements at Busch Gardens Tampa Bay. This could support the park’s longer-term appeal, though investment may also involve added costs. United Parks CEO Promises Busch Gardens Tampa Bay Improvements
Negative Sentiment: Q3 adjusted earnings were $1.74 per share, below the roughly $1.87–$1.88 analyst consensus. Revenue of about $506.5 million also missed expectations of $511 million and declined 1.1% year over year. United Parks Reports Third Quarter 2026 Results
Negative Sentiment: Lower attendance weighed on the quarter; the company pointed to poor weather and international-market headwinds as factors dragging traffic. United Parks Points to International Headwinds and Poor Weather as Traffic Drags

About United Parks & Resorts

(Get Free Report)

United Parks & Resorts Inc (NYSE: PRKS) is a theme park and entertainment company that owns and operates a portfolio of destination amusement and water parks in the United States. Its properties combine rides, live entertainment, animal exhibits, educational experiences, seasonal events and hospitality-related offerings.

The company’s portfolio includes SeaWorld parks in Orlando, San Antonio and San Diego; Busch Gardens parks in Tampa and Williamsburg, Virginia; Sesame Place parks in Pennsylvania and California; and water parks and attractions such as Aquatica, Adventure Island, Water Country USA and Discovery Cove.