United Parks & Resorts Q4 Revenue Falls 2.8% as Attendance Drops 2.6%
United Parks & Resorts Q4 attendance fell 2.6% and revenue declined 2.8% to $373.5 million, while net income plunged 46% to $15.1 million. JPMorgan cut its price target from $48 to $43, citing concerns over the company’s cost management.
1. Q4 Financial Results
United Parks & Resorts reported a 2.6% attendance decline in the fourth quarter, with total revenue down 2.8% to $373.5 million and net income falling 46% to $15.1 million compared to the prior-year period.
2. Full-Year Attendance Trends
For the full 2025 fiscal year, attendance slipped 1.7% year over year. CEO Marc Swanson attributed the declines to uneven consumer spending and adverse weather conditions impacting park visits.
3. Analyst Price Target Adjustment
JPMorgan reduced its price target for United Parks & Resorts from $48 to $43, pointing to cost management challenges following the company’s underwhelming quarterly results.
4. Stock Performance Context
Shares of United Parks & Resorts have declined 3% year to date and are trading 36.4% below their 52-week high of $55.21, reflecting volatility around its recent earnings misses.