Six Flags: 1Q Earnings Snapshot
GRAND PRAIRIE, Texas (AP) _ Six Flags Entertainment Corp. (SIX) on Thursday reported a loss of $84.5 million in its first quarter.
On a per-share basis, the Grand Prairie, Texas-based company said it had a loss of $1.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of $1.11 per share.
The amusement park operator posted revenue of $102.5 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $98.2 million.
Six Flags shares have declined 53% since the beginning of the year. The stock has declined 60% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIX at https://www.zacks.com/ap/SIX