SeaWorld Entertainment (SEAS) Misses Q3 EPS by 17c
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SeaWorld Entertainment (NYSE: SEAS) reported Q3 EPS of $0.64, $0.17 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $437.7 million versus the consensus estimate of $452.38 million. Adjusted EBITDA, was $172.3 million, a decrease of $23.7 million, or 12%, compared to Adjusted EBITDA of $196.0 million in the third quarter of 2016.
Guidance
The following updated guidance is based on the company's performance in the first nine months 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 the full year 2017 to be in the range of $280 million to $295 million.
For earnings history and earnings-related data on SeaWorld Entertainment (SEAS) click here.
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