12.11.2014 13:50:46

SeaWorld Entertainment Q3 Profit Declines - Quick Facts

(RTTNews) - SeaWorld Entertainment, Inc. (SEAS) reported third-quarter net income of $87.2 million or $1.00 per share, compared to $120.7 million or $1.34 per share in the year-ago quarter.

Excluding items, adjusted net income for the latest quarter was $88.6 million or $1.01 per share.

Revenue for the latest third quarter fell 8% to $495.83 million from $538.39 million a year ago.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.13 per share on revenue of $495.40million for the third quarter. Analysts' estimates typically exclude special items.

For the full year of 2014, the company continues to expect full year 2014 revenue to be down in the range of 6-7%. Analysts currently expect revenue of 6.40% for the full year 2014.

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