SeaWorld Stock Slumps as Blackfish Struggles Continue

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SeaWorld posted another disappointing quarterly earnings report this week, sending its shares sinking by nearly 8% Thursday morning.

The company had $497 million in revenue during the third quarter, missing analysts’ projections of $509 million, Bloomberg reports. Earnings were $1.14 per share, off from estimates of $1.18 per share. The company also cut its overall 2015 earnings forecast, citing unforeseen park closures on Halloween due to bad weather and increased legal costs.

The theme-park operator has faced an onslaught of negative publicity since the 2013 documentary Blackfish presented the company as mistreating the killer whales it holds in captivity.

Earlier this year the company replaced CEO James Atchison with Joel Manby, the former CEO of the theme-park operator that manages Dollywood.


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