United Parks & Resorts reported Q1 loss of $0.69 per share, missing consensus $0.34 loss.
Revenue fell to $278.3 million, below analysts' $280.81 million estimate, and adjusted EBITDA reached $58 million, $5 million shy of expectations.
Shares slid 5.56% as Stifel warned of demand concerns, citing poor weather and reduced international visitation.
Company projects attendance and adjusted EBITDA growth in 2026, with Stifel modeling $604 million EBITDA versus $605 million in 2025.