Analysts Expect SeaWorld Entertainment Inc (NYSE:SEAS) Will Post Earnings of $0.02 Per Share
Wall Street analysts expect SeaWorld Entertainment Inc (NYSE:SEAS) to report earnings per share (EPS) of $0.02 for the current quarter, Zacks Investment Research reports. Seven analysts have issued estimates for SeaWorld Entertainment’s earnings, with estimates ranging from ($0.11) to $0.15. SeaWorld Entertainment posted earnings per share of ($0.02) in the same quarter last year, which indicates a positive year-over-year growth rate of 200%. The company is expected to issue its next earnings report on Thursday, February 27th.
On average, analysts expect that SeaWorld Entertainment will report full year earnings of $1.47 per share for the current financial year, with EPS estimates ranging from $1.30 to $1.57. For the next fiscal year, analysts anticipate that the business will report earnings of $1.84 per share, with EPS estimates ranging from $1.31 to $2.18. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow SeaWorld Entertainment.
SeaWorld Entertainment (NYSE:SEAS) last announced its quarterly earnings data on Thursday, November 7th. The company reported $1.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.39 by ($0.15). SeaWorld Entertainment had a net margin of 7.43% and a return on equity of 52.78%. The firm had revenue of $473.70 million for the quarter, compared to analyst estimates of $488.84 million. During the same quarter in the previous year, the company earned $1.10 EPS. The company’s quarterly revenue was down 2.0% compared to the same quarter last year.
NYSE SEAS traded up $0.09 on Friday, hitting $29.97. 71,121 shares of the stock traded hands, compared to its average volume of 1,221,597. The stock has a 50-day moving average of $27.25 and a 200 day moving average of $29.20. SeaWorld Entertainment has a twelve month low of $21.36 and a twelve month high of $34.72. The company has a market capitalization of $2.26 billion, a P/E ratio of 29.47, a price-to-earnings-growth ratio of 2.79 and a beta of 1.17. The company has a current ratio of 0.44, a quick ratio of 0.34 and a debt-to-equity ratio of 6.95.
In other news, insider Marc Swanson sold 5,827 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $29.98, for a total transaction of $174,693.46. Following the sale, the insider now directly owns 113,962 shares in the company, valued at approximately $3,416,580.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.90% of the stock is currently owned by corporate insiders.
Institutional investors have recently made changes to their positions in the company. Massey Quick Simon & CO. LLC acquired a new stake in shares of SeaWorld Entertainment during the 3rd quarter worth approximately $25,000. Acadian Asset Management LLC raised its position in shares of SeaWorld Entertainment by 407.4% during the 2nd quarter. Acadian Asset Management LLC now owns 1,309 shares of the company’s stock worth $41,000 after purchasing an additional 1,051 shares during the period. Advisors Preferred LLC acquired a new stake in shares of SeaWorld Entertainment during the 2nd quarter worth approximately $68,000. Resources Investment Advisors LLC. acquired a new stake in shares of SeaWorld Entertainment during the 2nd quarter worth approximately $71,000. Finally, Signaturefd LLC raised its position in shares of SeaWorld Entertainment by 45.5% during the 2nd quarter. Signaturefd LLC now owns 3,200 shares of the company’s stock worth $99,000 after purchasing an additional 1,000 shares during the period.
About SeaWorld Entertainment
SeaWorld Entertainment, Inc, together with its subsidiaries, operates as a theme park and entertainment company in the United States. The company operates SeaWorld theme parks in Orlando, Florida; San Antonio, Texas; and San Diego, California, as well as Busch Gardens theme parks in Tampa, Florida, and Williamsburg, Virginia.
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