Six Flags Entertainment Corp FUN.N reported quarterly adjusted earnings of 26 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.20. The mean expectation of fifteen analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 51 cents to $1.35 per share.
Revenue rose 62.8% to $930.39 million from a year ago; analysts expected $987.30 million.
Six Flags Entertainment Corp's reported EPS for the quarter was a loss of 99 cents.
The company reported a quarterly loss of $99.65 million.
Six Flags Entertainment Corp shares had risen by 0.9% this quarter and lost 36.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 25.5% in the last three months.
In the last 30 days, nine analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the leisure & recreation peer group is also "buy"
Wall Street's median 12-month price target for Six Flags Entertainment Corp is $43.00, about 28.6% above its last closing price of $30.70
This summary was machine generated from LSEG data August 6 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)