Six Flags Entertainment Corporation New (NYSE:SIX) is reporting second quarter earnings results on Wednesday 29th July 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 1.01 per share from $ 50.56 million in revenue.
For the full year, analysts predict revenues of $ 627.15 million, while looking forward to loss of $ 1.92 per share.
Previous Quarter Performance
Six Flags Entertainment Corporation New came out with loss for the first quarter of $ 1.00 per share, from the revenue of $ 102.50 million. The quarterly earnings decreased 7.14 percent while revenues compared with the same quarter last year. Street analysts expected $ 85.78 million. The top line results outshined analysts by $ 16.72 million or 19.49 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SIX was $ 19.19, representing a 119.31 % increase from the 52 week low of $ 8.75 and a 67.76 % decrease over the 52 week high of $ 59.52.
The company has a market capital of $ 1.63 billion and is part of the Consumer Cyclical sector and Leisure industry.
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Recent Analyst recommendations
- On 9th July 2020, upgraded by Janney Capital to Buy from Neutral rating.
- On 15th June 2020, upgraded by B. Riley to Buy from Neutral rating.
Conference Call
Six Flags Entertainment Corporation New will be hosting a conference call at 9:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sixflags.com
Six Flags Entertainment Corporation owns and operates regional theme and water parks under the Six Flags name. The companys parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. It owns and operates 25 parks, including 22 parks in the United States; 2 parks in Mexico; and 1 park in Montreal, Canada.
