Six Flags Entertainment (SIX) Tops Q2 EPS by 4c

Six Flags Entertainment (NYSE: SIX) reported Q2 EPS of $0.67, $0.04 better than the analyst estimate of $0.63. Revenue for the quarter came in at $386 million versus the consensus estimate of $399.15 million.

Adjusted EBITDA1 grew $4 million or 3 percent to $149 million.

"We have delivered yet another record quarter and year-to-date performance," said Jim Reid-Anderson, Chairman, President and CEO. "Our innovative new attractions have received rave reviews, guest satisfaction scores remain at all-time highs, season pass and pricing initiatives are working well and we are highly encouraged by the trends in our business. With strong momentum across all of our parks and a 32 percent increase in our Active Pass Base, we are very well positioned as we head into the back half of the year and work toward achieving our long-term target of $600 million of Modified EBITDA by 2017."

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

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