ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — United Parks & Resorts Inc. (PRKS) on Wednesday reported fourth-quarter net income of $40.1 million.
On a per-share basis, the Orlando, Florida-based company said it had net income of 62 cents.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.
The theme park operator posted revenue of $389 million in the period, which also fell short of Street forecasts. Seven analysts surveyed by Zacks expected $395.5 million.
For the year, the company reported profit of $234.2 million, or $3.63 per share. Revenue was reported as $1.73 billion.
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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