Wall Street brokerages expect that SeaWorld Entertainment Inc (NYSE:SEAS) will post earnings per share (EPS) of ($0.18) for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have issued estimates for SeaWorld Entertainment’s earnings, with estimates ranging from ($0.22) to ($0.10). SeaWorld Entertainment posted earnings of ($0.14) per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 28.6%. The business is expected to issue its next quarterly earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that SeaWorld Entertainment will report full year earnings of ($2.27) per share for the current fiscal year, with EPS estimates ranging from ($2.33) to ($2.07). For the next year, analysts anticipate that the business will report earnings of $0.29 per share, with EPS estimates ranging from $0.15 to $0.49. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow SeaWorld Entertainment.

SeaWorld Entertainment (NYSE:SEAS) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.14). The business had revenue of $437.70 million for the quarter, compared to the consensus estimate of $453.58 million. SeaWorld Entertainment had a negative net margin of 15.32% and a positive return on equity of 22.94%. SeaWorld Entertainment’s revenue was down 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.77 EPS.

Several equities analysts recently weighed in on the stock. B. Riley reaffirmed a “neutral” rating on shares of SeaWorld Entertainment in a research report on Wednesday, November 1st. BidaskClub raised shares of SeaWorld Entertainment from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 5th. Stifel Nicolaus cut their price objective on shares of SeaWorld Entertainment from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Wednesday, November 8th. Zacks Investment Research raised shares of SeaWorld Entertainment from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research report on Wednesday, October 18th. Finally, Citigroup reaffirmed a “neutral” rating and set a $14.00 price objective (down previously from $15.00) on shares of SeaWorld Entertainment in a research report on Friday, September 15th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $15.73.

A number of hedge funds have recently made changes to their positions in the business. HighTower Advisors LLC grew its holdings in SeaWorld Entertainment by 0.3% during the second quarter. HighTower Advisors LLC now owns 53,472 shares of the company’s stock valued at $867,000 after purchasing an additional 144 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in SeaWorld Entertainment by 1.4% during the second quarter. The Manufacturers Life Insurance Company now owns 52,691 shares of the company’s stock valued at $857,000 after purchasing an additional 745 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in SeaWorld Entertainment by 3.0% during the second quarter. Oppenheimer Asset Management Inc. now owns 26,292 shares of the company’s stock valued at $428,000 after purchasing an additional 770 shares during the last quarter. Legal & General Group Plc grew its holdings in SeaWorld Entertainment by 2.1% during the second quarter. Legal & General Group Plc now owns 81,411 shares of the company’s stock valued at $1,323,000 after purchasing an additional 1,656 shares during the last quarter. Finally, TIAA CREF Investment Management LLC grew its holdings in SeaWorld Entertainment by 1.4% during the second quarter. TIAA CREF Investment Management LLC now owns 185,304 shares of the company’s stock valued at $3,015,000 after purchasing an additional 2,500 shares during the last quarter. Institutional investors own 96.37% of the company’s stock.

Shares of SeaWorld Entertainment (NYSE SEAS) traded up $0.18 on Friday, reaching $13.25. 3,167,640 shares of the company traded hands, compared to its average volume of 2,277,983. The company has a market capitalization of $1,182.00, a price-to-earnings ratio of 14.05 and a beta of 0.74. The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.45 and a current ratio of 0.57. SeaWorld Entertainment has a 52-week low of $10.42 and a 52-week high of $20.13.

TRADEMARK VIOLATION WARNING: “-$0.18 Earnings Per Share Expected for SeaWorld Entertainment Inc (SEAS) This Quarter” was published by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.americanbankingnews.com/2017/12/16/0-18-earnings-per-share-expected-for-seaworld-entertainment-inc-seas-this-quarter.html.

SeaWorld Entertainment Company Profile

SeaWorld Entertainment, Inc is a theme park and entertainment company. The Company owns or licenses a portfolio of brands, including SeaWorld, Sea Rescue and Busch Gardens. As of December 31, 2016, the Company had a diversified portfolio of 12 destination and regional theme parks that are located across the United States.

Get a free copy of the Zacks research report on SeaWorld Entertainment (SEAS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for SeaWorld Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SeaWorld Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.