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SEAWORLD IS CRASHING

Myles Udland   

SEAWORLD IS CRASHING

Tilikum at SeaWorld

Magnolia Pictures

SeaWorld shares are crashing, falling more than 20%, after the amusement park operator reported earnings and revenue that missed expectations.

SeaWorld reported earnings of $0.43 per share, less than the $0.59 that was expected by analysts.

Second quarter revenue also missed expectations, coming in at $405.2 million against expectations for $445.29 million.

Attendance at the company's parks increased modestly, rising 0.3% against the prior year to 6.6 million.

"We were pleased to report attendance growth in the quarter despite a challenging industry and competitive environment and a tough comparison to the prior year quarter," said SeaWorld CEO Jim Atchison.

This report comes about a year CNN's controversial documentary "Blackfish," which brought to light questions regarding the treatment of Orca whales.

More to come...

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