Six Flags Entertainment (SIX) Misses Q4 EPS by 28c, Revenues Beat

Six Flags Entertainment (NYSE: SIX) reported Q4 EPS of ($0.13), $0.28 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $261 million versus the consensus estimate of $260.11 million.

“My first ninety days have only reinforced my belief that Six Flags is a beloved brand with loyal guests and dedicated employees. Our company has difficult to replicate assets that provide a unique experience in themed entertainment, and exciting potential for profitable growth,” said Mike Spanos, President and CEO. “I also believe that the company has the ability to improve its performance. We are working diligently to formulate a new strategic plan with the goal of restoring sustainable growth in attendance, revenue and profitability, and also to add directors with critical skills and experiences to our board. We will continue our consumer-centric approach, while focusing our organization on action, creativity, and relentless execution for the benefit of our guests, our employees, and our shareholders. I believe that Six Flags’ future is bright, and I am excited to take on this new chapter with our great team.”

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

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