Six Flags Entertainment Corp (SIX) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Six Flags Entertainment Corp (SIX) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $0.64 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.69. The company posted revenue of $407.07 million in the period, compared to analysts expectations of $409.30 million. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Six Flags Entertainment Corp opened for trading at $56.32 and hit $57.55 on the upside on Thursday, eventually ending the session at $57.26, with a gain of 1.01% or 0.57 points. The heightened volatility saw the trading volume jump to 15,02,247 shares. Company has a market cap of $5,341 M.

In a different news, on Jun 9, 2016, Usman Nabi (director) sold 658,228 shares at $58.45 per share price. According to the SEC, on Jun 3, 2016, Lance C Balk (Exec. VP and General Counsel) sold 20,000 shares at $57.34 per share price. On May 31, 2016, Stephen D Owens (director) sold 7,000 shares at $58.51 per share price, according to the Form-4 filing with the securities and exchange commission.

Six Flags Entertainment Corporation (Six Flags) is a regional theme park operator. The Company operates 18 regional theme and water parks. Of these 16 are located in the United States one is located in Mexico City Mexico and one is located in Montreal Canada. Its parks generally offer a selection of thrill rides water attractions themed areas concerts and shows restaurants game venues and retail outlets. The Company’s parks offer approximately 800 rides including over 130 roller coasters. Its parks include Six Flags America Six Flags Discovery Kingdom Six Flags Fiesta Texas Six Flags Great Adventure & Safari Six Flags Great America Six Flags St. Louis Six Flags Magic Mountain Six Flags Mexico Six Flags New England Six Flags Over Georgia Six Flags Whitewater Atlanta Six Flags Over Texas La Ronde and Six Flags Great Escape Lodge & Indoor Waterpark.

Six Flags Entertainment Corp

Leave a Reply

Six Flags Entertainment Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Six Flags Entertainment Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.