ORLANDO, Fla. (AP) - SeaWorld Entertainment Inc. (SEAS) on Thursday reported third-quarter profit of $98 million.
On a per-share basis, the Orlando, Florida-based company said it had profit of $1.24. Earnings, adjusted for restructuring costs, came to $1.25 per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The theme park operator posted revenue of $473.7 million in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $488.8 million.
SeaWorld shares have increased 17% since the beginning of the year. The stock has climbed slightly more than 1% in the last 12 months.
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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 SEAS at https://www.zacks.com/ap/SEAS
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