Cedar Fair L.P. (NYSE: FUN) reported Q1 EPS of ($2.61), $0.76 worse than the analyst estimate of ($1.85). Revenue for the quarter came in at $85 million versus the consensus estimate of $104.17 million.

"The decrease in net revenues was attributable to a decline in attendance of approximately 440,000 visits at the Company’s California parks, resulting from the weather challenges during the quarter, and additional prior-period visitation attributable to the extension of 2020 and 2021 season passes at Knott’s Berry Farm through May 2022. While operating days in the first quarter were up, the incremental attendance related to the expanded operating calendars was not enough to offset the attendance shortfalls caused by approximately 30% of the Company’s operating days being significantly impacted by weather during the period, particularly at Knott’s Berry Farm."

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