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Fly News Breaks for June 6, 2018
SEAS
Jun 6, 2018 | 13:45 EDT
Wells Fargo analyst Tim Conder reported in a note to investors that the City of San Diego disclosed SeaWorld San Diego's April park revenues were down 2.4%,which he noted was "clearly impacted by the Easter shift." Adjusting for the holiday shift, he estimates March and April revenues combined at the park were up 11.2% from last year. Conder, who expects the balance of Q2 attendance and revenues to be positive for SeaWorld San Diego, keeps an Outperform rating and $22 price target on SeaWorld shares.
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