SeaWorld Parks and Entertainment widens quarterly loss, expects record year

Posted Friday, May 16, 2014 9:01 AM | Contributed by Jeff

The loss widened to 56 cents a share, Orlando, Florida-based SeaWorld said today in a statement. Analysts projected a loss of 49 cents, the average of nine estimates compiled by Bloomberg. Revenue dropped 11 percent to $212.3 million and missed estimates of $215.1 million. This year’s later Easter holiday shifted business into the current second quarter from the first, SeaWorld said, explaining a 13 percent drop in attendance in the first three months of the year.

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