Mobile app version of munafa.top
Login or Join
 Learn then Earn
stockMarketNEWS

 story : Six Flags revenue jumps above expectations, boosted by increased spending by guests #FinanceUSA #StockMarketNEWS Six Flags Entertainment Corp. reported Thursday a narrower-than-expected first-quarter

@stockMarketNEWS 15 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

Six Flags revenue jumps above expectations, boosted by increased spending by guests #FinanceUSA #StockMarketNEWS
Six Flags Entertainment Corp. reported Thursday a narrower-than-expected first-quarter loss and revenue that rose above forecasts, boosted by increased spending by an increasing number of guests. The theme park operator's stock was still inactive in premarket trading. Net losses narrowed to .7 million, or 76 cents a share, from .8 million, or .12 a share, in the year-ago period. The FactSet consensus for per-share losses was .04. Revenue jumped 68.4% to 8.1 million, above the FactSet consensus of 2.3 million. Attendance grew 25% to 1.7 million, below the FactSet consensus of 1.9 million, while total guest spending per capita increased 34% to .46 amid 31% growth in admissions spending per capita to .28 and a 39% rise in in-park spending per capita to .18. The stock has dropped 30.3% year to date, while the S&P 500 has shed 17.4%.


Munafa USA Munafa India Munafa NSE


Report

Login to follow story

More posts by @stockMarketNEWS

Munafa ebook, learn stock market trading

0 Comments

Sorted by latest first Latest Oldest Best

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme