Cedar Fair (FUN) PT Raised to $74 at FBR Capital Following 4Q16 Results

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Cedar Fair (FUN) PT Raised to $72 at Wedbush Following 4Q Beat

February 16, 2017 8:48 AM EST

Wedbush Securities analyst James Hardlman reiterates Outperform rating and lifts price target on Cedar Fair LP (NYSE: FUN) to $72 (from $69), suggesting the company set the table for promising fiscal year 2017, after reporting 2016 fourth quarter EBITDA and sales above estimates.

Hardlman comments,... More

Cedar Fair L.P. (FUN) Misses Q4 EPS by 14c

February 15, 2017 9:02 AM EST

Cedar Fair L.P. (NYSE: FUN) reported Q4 EPS of ($0.12), $0.14 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $191.97 million versus the consensus estimate of $182.64 million.

Outlook

"We've received excellent responses to the new rides and attractions announced for our parks in 2017," said Ouimet. "These marketable capital projects are scheduled to open on time and on budget, including the new Mystic Timbers wooden roller coaster at Kings Island and the newly rebranded and... More