SeaWorld Entertainment (SEAS) Q2 Revenue Misses Consensus

SeaWorld Entertainment (NYSE: SEAS) reported Q2 EPS of ($2.05), may not compare to the analyst estimate of $0.33. Revenue for the quarter came in at $373.8 million versus the consensus estimate of $396.28 million.

• Adjusted EBITDA, was $104.2 million, an increase of $20.4 million, or 24%, compared to Adjusted EBITDA of $83.8 million in the second quarter of 2016. Net cash provided by operating activities was $98.9 million in the second quarter of 2017 compared to $79.5 million in the prior year second quarter.

The following updated guidance is based on the company's performance in the first half of 2017, recent developments and current management expectations. All financial guidance amounts are estimates subject to change, including as a result of matters discussed under the "Forward-Looking Statements" caption below and the company undertakes no obligation to update its guidance. The company now expects Adjusted EBITDA for 2017 to be in the range of $280 million to $310 million

For earnings history and earnings-related data on SeaWorld Entertainment (SEAS) click here.

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