Cedar Fair L.P. (FUN) Misses Q1 EPS by 22c

Cedar Fair L.P. (NYSE: FUN) reported Q1 EPS of ($1.50), $0.22 worse than the analyst estimate of ($1.28). Revenue for the quarter came in at $47 million versus the consensus estimate of $42 million.

The Company has identified five themes that will drive growth going forward. In many cases, these themes represent the evolution of the themes and initiatives that have driven the Company's success over the past three years. They include:

1. We will continue to focus on enhancing the guest experience in an effort to deliver a strong price-value proposition, targeting a quality, family-oriented audience.
2. We will focus on growing advance purchase commitments for all of the products we offer, in all attendance channels.
3. We will embrace digital technology in all aspects of our business.
4. We will continue to be disciplined around the prioritization of capital and operating initiatives as we look to realize the full market potential of each of our parks.
5. We will pursue complementary development adjacent to our parks.

For earnings history and earnings-related data on Cedar Fair L.P. (FUN) click here.

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