Earnings Episodes
May 17, 2026
United Parks' Q1 Misses & Sphere Lands at Yas Island
United Parks Q1 was rough across the board, and Abu Dhabi has more announcements.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
May 9, 2026
Six Flags' Regional Pass Moat & D'Amaro's Disney+ Pivot
Six Flags and Disney both had excellent earnings calls, but they seem to have opposite strategies.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
April 27, 2026
Comcast Q1: Universal Parks Up 24%, Asia Slowing
Comcast's Q1 earnings call delivered good news almost across the board, and we break down what it means for the theme parks division.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
April 5, 2026
Six Flags' New Chairman, Merlin's Attendance Drops & Maya Culture as IP
Six Flags appointed Richard Haddrill as executive chairman of the board, replacing Marilyn Spiegel (who stays on as lead independent director). Haddrill comes from the gaming industry — he was CEO of Bally Technologies and executive vice chairman at Scientific Games. The move continues the board refresh that Jana Partners demanded, and it puts more pressure on CEO John Reilly to deliver results now that the "board is in the way" excuse is gone. Merlin Entertainments reported its 2025 annual r...
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
March 1, 2026
United Parks: Buybacks, Assets, and a Missing Plan
United Parks & Resorts reported fiscal 2025 results this week; Revenue, attendance, net income, EBITDA were all down.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
Feb. 22, 2026
Six Flags Q4 Earnings: A New CEO, a 27% Margin, $5.1B in Debt, and a Lot of Obvious Ideas
Six Flags posted Q4 2025 results this week, and the results weren't good.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
Feb. 8, 2026
Six Flags' Regional Passes & Disney's New CEO
Six Flags is rolling out a simplified season pass structure and Disney has a new CEO.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
Feb. 1, 2026
Universal’s Flywheel Is Working
Comcast’s Parks division crossed $1 billion in quarterly EBITDA for the first time in Q4 2025, driven by a 22 percent increase in parks revenue and a 24 percent increase in EBITDA.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
May 19, 2025
Magic, Money, and the Middle East: Disney’s Record Quarter
Disney’s stock jumped 7 % after a blockbuster Q2 - and we breakdown why.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
April 28, 2025
Comcast's Cash Machine: Can Epic Universe Replace Dying Cable?
Cord-cutting continues to threaten Comcast, but it sees hope in its theme parks.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
April 18, 2025
What United Airline's Strategic Shift Signals for Theme Parks & Tourism
Travel patterns are changing. United Airlines' latest earnings reveal a strategic pivot as they prepare for two economic scenarios in 2025, cutting domestic flight capacity by 4% while seeing surges in both premium and budget travelers.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
Feb. 16, 2025
Fantasy Springs Boosts Tokyo Disney as Universal Tests LARPing
Tokyo Disney Resort is thriving with Fantasy Springs and seasonal events driving record-breaking revenue, while Universal Studios Hollywood is experimenting with a bold new event: Fan Fest Nights.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE
Feb. 10, 2025
Disney Q1 FY25 Earnings Deep Dive: Parks, Streaming, and ESPN’s Next Moves | Green Tagged
Is Disney’s success unstoppable? Despite rising ticket prices, hurricanes disrupting domestic parks, and the looming Epic Universe, Disney still delivered a strong quarter.
Guests: Scott Swenson, ICAE , Philip Hernandez, ICAE