You can now add Harry Potter to SeaWorld's list of problems
Advertisement
Matt Stroshane/Getty Images
Advertisement
Attendance was down year-over-year. And while revenue and profits were up from the third quarter, both missed analysts' expectations and the year-to-date profits were still down.
This sent the stock spiraling down as much as 12% before recovering losses.
The company has been getting hammered for awhile, starting in 2013 with the release of the documentary "Blackfish," which brought attention to supposed poor living conditions of the company's signature orca whales.
During the company's quarterly earnings call, both CEO Joel Manby and CFO Peter Crage presented 4 reasons for the more recent poor performance.
Advertisement
Advertisement
- Love in the time of elections: Do politics spice up or spoil dating in India?
- Samsung Galaxy S24 Plus review – the best smartphone in the S24 lineup
- Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
- Misleading ads: SC says public figures must act with responsibility while endorsing products
- Here’s what falling inside a black hole would look like, according to a NASA supercomputer simulation