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Six Flags Entertainment (NYSE: 6) third quarter 2022 results
Key Financial Results
- Revenue: $504.8 million (down 21% from Q3 2021).
- Net income: $115.8 million (down 26% from the third quarter of 2021).
- Margin: 23% (down from 25% in Q3 2021).
- Earnings per share: $1.39 (down from $1.83 in Q3 2021).
All data shown in the table above is for the last 12 months (TTM) period
Six Flags Entertainment revenue and earnings miss expectations
Revenue missed analysts’ expectations by 8.2%. Earnings per share (EPS) also missed analysts’ expectations by 14%.
Looking ahead, revenue is expected to grow at an average annual rate of 5.1% over the next 3 years, compared with a 13% growth forecast for the U.S. hotel industry.
Performance American hotel industry.
Shares of the company are up 11% from a week ago.
Risk Analysis
realize Six Flags Entertainment is showing 3 warning signs in our investment analysis 2 of them should not be ignored…
Valuation is complicated, but we’re helping make it simple.
find out if Six Flags Entertainment May be over or underestimated by viewing our comprehensive analysis, which includes Fair Value Estimates, Risks and Warnings, Dividends, Insider Trading and Financial Condition.
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This article by Simply Wall St is general in nature. We provide commentary based solely on historical data and analyst forecasts using an unbiased methodology and our articles are not intended to provide financial advice. It does not constitute advice to buy or sell any stock and does not take into account your objectives or your financial situation. Our goal is to bring you long-term focused analytics driven by fundamental data. Note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Wall Street has no positions in any of the stocks mentioned.
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