Thank you, Elizabeth. SeaWorld Entertainment, Inc. Matthew Stroud -- Vice President of Investor Relations. While we are pleased with our year-to-date progress through the end of the third quarter of 2019, we know we can do better. $MO or $BTI? Marc, I can take that question. Almost every park will get a new ride or slide, including thrilling new coasters at all SeaWorld and Busch Gardens Parks. Motley Fool. In depth view into SeaWorld Entertainment PE Ratio without NRI explanation, calculation, historical data and more Our value proposition, how we do things in our parks. But we've got a long way to go. So there probably was some impact, obviously, on the per cap. CY 2021. So there's a lot of things that I think you're going to see us continue to do, and we are really excited about those as well. In aggregate, we estimate the combination of unusually unfavorable weather and a negative calendar shift reduced our quarterly attendance by approximately 330,000 visits. So we said, look, we might over or underperform in certain of these areas of tenants per cap in cost, but I think we have a lot of momentum around cost. Thank you. --Wedbush Adjusts Price Target for SeaWorld Entertainment to $56 From $49, Maintains Neutral Rating. And that sort of leads me to my follow-up. So that math, a good portion of otherwise strong cost savings in the quarter. We are enthusiastic about the future and our increasing ability to deliver meaningful operational and financial improvement. And as you see, we have more costs identified, and we're going to continue to find -- we believe, find more costs down the road. Good morning, and welcome to the SeaWorld third-quarter 2019 earnings conference call. Please go ahead. And then second question, just, Marc, as you had laid out some of the new attractions and capital plans for 2020, one thing that was noticeably absent was any mention of events, festivals, limited time events that you guys have had success doing the past few years. Welcome to SeaWorld's fourth quarter and fiscal 2018 earnings conference call. I look forward to working with this talented team to further improve our execution and dramatically increase shareholder value. In addition to our Sesame Place San Diego announcement, we have recently announced some of our slate of 2020 attractions across our parks. Now I'd like to turn the call over to Marc Swanson. Weather we don't have the exact breakdown at this point in time. This improvement was driven by an increase in in-park per capita spending and was partially offset by a decline in admissions per capita. Cumulative Growth of a $10,000 Investment in Stock Advisor, SeaWorld Entertainment (SEAS) Q3 2019 Earnings Call Transcript @themotleyfool #stocks $SEAS. When Betty Friedan produced The Feminine Mystiquein 1963, she could not have realized how the discovery and debate of her contemporaries' general malaise would shake up society. So when weather is good, we're doing really well. Id. Do you think that could have been better, worse? Sure. Thanks so much for taking my question. View the live Webcast. Stock Advisor will renew at the then current list price. Specifically, how it was spent? Get the latest earnings news and financial highlights including earnings per share, quarterly results, revenue growth and loss. But yes, I don't want to certainly all down play our events. I've been out to most of our parks over the past several weeks, and it's been really incredible to see how special these parks truly are. Yes. And we anticipate finding additional cost savings and efficiencies into 2020. Elizabeth? I'd like to turn the conference back over to Marc Swanson for any closing remarks. Through the third quarter, we reported approximately $153 million in total capital expenditures, of which approximately $137 million relates to core capex. But we're doing a lot of work around cost, and we're confident we'll find more than the $14.9 million that you see in that number. Steve Wieczynski -- Stifel Financial Corp. -- Analyst. As such, we look forward to welcoming guests for one more season of exciting fun at Aquatica San Diego. So look, the fourth quarter would obviously be our Halloween events. And I guess to follow-up there, in terms of my -- kind of my last part of that question was, I'm just going to ask it in terms of from a Star Wars perspective in Orlando. So the San Diego market provides a lot of good weather, which will allow us to run this park, a combination of wet rides and dry rides. So not a huge surprise that weather is going to impact your local and kind of same-day visitors, the most. Yes. Yes. We estimate the number of weather days impacting the quarter for our Florida parks increased by almost 50% compared to the prior-year quarter. And then also, what benefit did that level of marketing spend have on attendance in the quarter? I think over the long term, we feel good about our ability to grow the per cap over the longer term. And is that simply better weather conditions here? We didn't do a very good job of managing or optimizing or adjusting that spend. But having said that, we recognize we did not manage the process well. Here is why: Alert: Match Group (Tinder) joins SP500 and MicroStrategy gets removed from SP600. "Providing insight into issues that involve a complex mixture of scientific, social, economic, and political considerations, Conservation and Management of Marine Mammals is a valuable reference for students, scientists, conservationists, ... Thank you, Matthew. We did have, as we mentioned before, a little bit of a favorable calendar shift back in Q2. Found insideIn this updated and expanded edition of Love Works, Manby demonstrates that leading with love is effective even in extremely difficult business environments, which he experienced at SeaWorld. Any color you can give us here on an early basis, how units or pricing is trending for season passes across the network or if you want, by regional color also, if you could? Obviously, that's been a factor. Obviously, we're very early in the process, and we sell passes year round, which is perhaps a little bit different than some of our competitors, but we're optimistic that we're going to keep working hard. Stay tuned for more announcements as we have many new rides or attractions for 2020, which we believe is the strongest lineup of new rides and attractions in our history. I can take that question. And you also gave us some details on trends in the fourth quarter to date. ET. Can we get more color around, I guess, what that means? Transcripts. Look, we're always -- we talked about more of the coasters and the attractions because, obviously, we're very excited about those. SeaWorld Entertainment, Inc. (NYSE:SEAS) - Analysts at B. Riley raised their Q2 2022 earnings estimates for shares of SeaWorld Entertainment in a research report issued to clients and investors on Friday, August 6th. I guess, first question, is the year-to-date calendar now, even or should we expect, I guess, and should we expect any sort of calendar shifts in the fourth quarter? As you said -- as we said in our remarks, about hitting the high end of that range. And one of the things I'll say. And so from there, we know this quarter was impacted by weather. Looking at our results for the first nine months of 2019, total attendance was 17.9 million guests, a decrease of approximately 57,000 guests or 0.3%, and total revenue was $1.1 billion, an increase of $8 million or 0.7%. And at Adventure Island, we will introduce Solar Vortex, America's first dual tailspin water slide. Drawing on original archive material, this important volume outlines the history of orca captivity while also recounting the harrowing struggle—and ultimate triumph—for the Puget Sound orcas’ freedom. “Making liberal use of ... Look, it's like we laid out in the release and in the prepared remarks, we have some incremental marketing spend. They continue to remain focused on providing exceptional service and safe and meaningful experiences to our guests. SeaWorld Entertainment (SEAS) Q1 2020 Earnings Call Transcript SEAS earnings call for the period ending March 31, 2020. SeaWorld Entertainment's (SEAS) CEO Marc Swanson on Q2 2021 Results - Earnings Call Transcript. Thank you, and good morning, everyone. No, it does not. And we've since put some procedures in place that we don't expect this type of overspend to occur in the future. Net income in 2019 includes approximately $1.2 million of pre-tax expenses associated with restructuring and other separation-related costs, which for the third quarter of 2018 were approximately $3.9 million. The company has an exceptional business model, a irreplaceable set of assets and incredibly talented group of ambassadors who are delivering extraordinary service and experiences to all our guests. And so yes, you'll continue to see us focus on events. (SEAS) CEO Gus Antorcha on Q4 2018 Results - Earnings Call Transcript. To be clear, Aquatica San Diego will remain open for its final season of operation beginning in May of 2020. This book is about one of the most extraordinary phenomena of our times, one which raises fundamental questions about the nature of altruism, about the character of humankind, about a new political agenda and about the relationship of ... Could you talk a little bit about how Sesame Street is tracking in Orlando, given that you're expanding with the themed area in San Diego? Paul Golding -- Macquarie Research -- Analyst. We didn't optimize. Shopify Stock: Growing Market, Further Earnings Growth, IRSA Propiedades Comerciales S.A. (IRCP) CEO Daniel Elsztain on Q4 2021 Results – Earnings Call Transcript. Elizabeth and I will take you through the quarter and answer your questions today, but we thought it would be good for you to briefly hear from Serge. Our next question today comes from James Hardiman of Wedbush Securities. But we feel good about our opportunity to compete with our product, our differentiated attractions and product mix. SeaWorld Orlando is the closest to sticking to its 2019 playbook. Also, this quarter was negatively impacted by a calendar shift. Additionally, in September, we had an all-time record-breaking weekends in attendance at two of our larger parks. Those cost savings continue to come, primarily in the opex area, but also in other areas as well. And today's final question comes from Michael Swartz of SunTrust. So Marc, I wanted to dig a little bit more to that -- to the $9.5 million marketing spend that you said was, I guess "undisciplined." I think the simplest way to answer it is really around -- when we look at kind of the demographics, the source of residency. I can take that question. Our progress on cost reductions was masked in the quarter by a significant overspend in marketing expenses of approximately $9.5 million related to less disciplined management of certain marketing-related costs. So we flowed through $4 million of EBITDA savings. But we know there's a lot more to do to unlock the long-term potential of this business. The good news is we've put a process and procedure in place. In addition, over the extended Labor Day weekend, one of our highest attendance weekends of the year, attendance at our Florida parks was considerably impacted by Hurricane Dorian and its related impact on travel and visitation plans and park operating hours. Turning back to the rest of our financials. We haven't completely finalized the calendar. And like I said, absent the weather impacts, we feel pretty good about our results in Orlando and in Florida. Before we open the call to your questions, I have some closing comments. Please go ahead. These factors may be updated from time to time and will be included in our filings with the SEC that are available on our website. The adjusted EBITDA decline was primarily driven by the decrease in total revenue and increased marketing expenses and was partially offset by the realization of cost savings initiatives. And if you look today, year to date through September 30, our adjusted EBITDA is up over 10%. Q2 2021 Earnings Release (PDF 710 KB) Q1 2021 Earnings Release (PDF 120 KB) 2020: ... 2021 SeaWorld Entertainment, Inc. While we are disappointed with our financial results in the quarter, we believe these results would have been stronger and that we would have grown attendance, revenue and adjusted EBITDA, absent unusually unfavorable weather, a negative calendar shift and a significant overspend of certain marketing-related expenses. But any color you can provide would be helpful. Understood. Image source: The Motley Fool. [Operator instructions] Today's first question comes from Steve Wieczynski of Stifel. , a seaworld earnings call transcript bit of a favorable calendar shift MicroStrategy gets removed SP600... Calendar shift reduced our quarterly attendance by approximately 330,000 visits service and safe and experiences. Comes from James Hardiman of Wedbush Securities one more season of exciting fun at Aquatica San Diego remain... Entertainment, Inc. 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