Seaworld reported earnings per share of $1.14 for the third quarter of 2015. This is an increase when compared to the $1 per share that it reported during Q3 2014. However, it failed to meet Wall Street’s estimates for the company, which were set at $1.18 per share.
Seaworld’s reported revenue for Q3 2015 comes in at $496.94 million. This is a slight increase over the $495.83 that it reported during the third quarter of 2014. Unfortunatley for SEAS stock, analysts were estimating that the company would pull in $509.46 million this quarter.
Seaworld also updated its guidance for 2015 in its Q3 earnings report. The company is now expecting Adjusted EBITDA to be between $360 million to $370 million. It’s estimating that capital expenditures will range from $165 million to $175 million in 2015.
SEAS stock was down 8% as of Thursday morning.
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