SeaWorld (SEAS) Falls Despite Beating Analyst Estimates

NEW YORK (TheStreet) -- SeaWorld Entertainment SEAS was falling 0.4% to $31.40 in after-hours trading despite beating analysts' estimates for earnings and revenue.

For the fourth quarter the company posted a loss of 13 cents a share. That's one cent better than analysts' estimates of a loss of 14 cents a share for the quarter. SeaWorld posted revenue of $272 million for the quarter. Analysts expected revenue of $271.4 million in the fourth quarter.

Looking to the full-year 2014 SeaWorld expects revenue of between $1.49 billion and $1.52 billion. Analysts surveyed by Thomson Reuters expect revenue of $1.53 billion for the year.

"Driven by record fourth quarter total attendance at our SeaWorld-branded parks in Orlando, San Diego, and San Antonio, I am pleased to report our third consecutive year of record revenue and Adjusted EBITDA," Jim Atchison, president and CEO of SeaWorld said in a press release. "We ended the year with Adjusted EBITDA of $439.1 million, at the high end of our previously provided guidance range. We are pleased to deliver on the financial and operating commitments we made in our first year as a public company. Delivering these results in a challenging operating environment is a testament to the strength of our brands, company, management team and, most importantly, our team members."

Must read: Warren Buffett's 10 Favorite Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

SEAS ChartSEAS data by YCharts

If you liked this article you might like

Disney World Set to Reopen Tuesday

Hurricane Irma Makes Landfall in Florida

Hurricane Irma's Approach Brings Down S&P 500 but Travelers Saves Dow

Hurricane Irma: Everything You Need to Know

Hurricane Irma May Cost Florida's Enormous Tourism Industry Millions of Dollars