Six Flags Entertainment (SIX) Tops Q4 EPS by 6c, Sales Beat

Six Flags Entertainment (NYSE: SIX) reported Q4 EPS of ($0.07), $0.06 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $183.68 million versus the consensus estimate of $164.6 million.

"I have never been more confident in our strategy and the long-term prospects for our company than I am today," said Jim Reid-Anderson, Chairman, President and CEO. "Guest satisfaction scores have reached another all-time high and employee morale is better than ever. We are extremely well-positioned as we enter the 2015 season with a 25 percent gain in our Active Pass Base, and we remain laser-focused on delivering our next long-term financial target of $600 million of Modified EBITDA by 2017."

Total attendance for the year was 25.6 million guests, which represented a 2 percent decline that was primarily due to extended school calendars in the first half of 2014 relating to the harsh 2013/2014 winter. The company generated 4 percent attendance growth in the second half of 2014 and a 15 percent increase in attendance in the fourth quarter. The combined season pass and membership attendance mix increased from 48 percent in 2013 to 50 percent in 2014.

For earnings history and earnings-related data on Six Flags Entertainment (SIX) click here.

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