Seaworld Entertainment (SEAS) Misses Q2 EPS by 16c, Offers Guidance, Announces $250M Buyback

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SeaWorld (SEAS) to Build First-of-its-Kind Killer Whale Environments

August 15, 2014 8:56 AM EDT

SeaWorld Entertainment, Inc. (NYSE: SEAS) announced today that it plans to build new, first-of-its-kind killer whale environments and that it will fund new programs to protect ocean health and killer whales in the wild. The new projects will build on SeaWorld's legacy of providing state-of-the-art, innovative, homes for its animals, and will offer park guests unique and inspiring killer whale encounters for generations to come. As part of its vision for the future, the company also pledged $10 million in matching funds for killer whale research and is embarking on a multi-million dollar partnership... More

Omega Advisors No Longer Owns SeaWorld (SEAS) Stock - CNBC

August 14, 2014 2:55 PM EDT

Omega Advisors no longer owns SeaWorld (NYSE: SEAS) stock, according to CNBC, citing sources. Omega's 13-F earlier showed a new 1.09 million share stake.

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Macquarie Downgrades SeaWorld Entertainment (SEAS) to Neutral

August 14, 2014 8:06 AM EDT

Macquarie downgraded SeaWorld Entertainment (NYSE: SEAS) from Outperform to Neutral.

For an analyst ratings summary and ratings history on SeaWorld Entertainment click here. For more ratings news on SeaWorld Entertainment click here.

Shares of SeaWorld Entertainment closed at $18.90 yesterday.

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Wells Fargo Downgrades SeaWorld Entertainment (SEAS) to Market Perform

August 14, 2014 7:19 AM EDT

Wells Fargo downgraded SeaWorld Entertainment (NYSE: SEAS) from Outperform to Market Perform with a price target of $20-$22 (from $40-$42). The change follows weak Q2 results and fallout from animal rights activists in California.

For an analyst ratings summary and ratings history on... More

BofA/Merrill Lynch Downgrades SeaWorld Entertainment (SEAS) to Neutral

August 14, 2014 6:40 AM EDT

BofA/Merrill Lynch downgraded SeaWorld Entertainment (NYSE: SEAS) from Buy to Neutral with a price target of $20.00 (from $43.00) following Q2 results which the firm described as "abnormally light."

Analyst Bryan Goldberg said the normalization of business trends and valuation multiples now appears meaningfully... More

Goldman Sachs Comments on SeaWorld (SEAS) Following Q2 Results

August 13, 2014 10:29 AM EDT

Goldman Sachs maintained a Neutral rating on SeaWorld Entertainment (NYSE: SEAS). Comments follow Q2 results and guidance. Analyst Afua Ahwoi said demand pressures could be structural.

"The company said 2Q attendance was adversely impacted by demand pressures related to media attention surrounding... More

SeaWorld (SEAS) Admits Impact from Animal Activism For First Time, FBR Capital Notes

August 13, 2014 9:11 AM EDT

FBR Capital analyst Barton Crockett weighed in on SeaWorld Entertainment (NYSE: SEAS) which is down 29% following weak Q2 results and outlook. The analyst noted that the results featured the company's first acknowledgement of attendance pressures tied to animal activism.

Crockett notes total revenue of $405.2 million, was down 1.5% year-over-year, and missed their $442.5 million estimate for up 7.6% and FactSet consensus of $447.9 million. The attendance increase of... More

SeaWorld (SEAS) Slammed on Weak Q2, Outlook

August 13, 2014 8:40 AM EDT

Shares of SeaWorld Entertainment (NYSE: SEAS) are down 25% following weak Q2 results and guidance.

Seaworld reported Q2 EPS of $0.43, $0.16 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $405.2 million versus the consensus estimate of $445.29 million. For the full year of 2014, the Company now... More