SeaWorld Entertainment on Thursday reported a loss of $84 million in its first quarter.
On a per-share basis, the Orlando, Florida-based company said it had a loss of $1. Losses, adjusted for one-time gains and costs, came to 56 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 60 cents per share.
The theme park operator posted revenue of $220.2 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $213 million.
SeaWorld shares have decreased 1 percent since the beginning of the year. The stock has dropped 10 percent in the last 12 months.