ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — United Parks & Resorts Inc. (PRKS) on Wednesday reported a loss of $11.2 million in its first quarter.
The Orlando, Florida-based company said it had a loss of 17 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The theme park operator posted revenue of $297.4 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $282.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRKS at https://www.zacks.com/ap/PRKS