Six Flags Q4 revenue beats estimates on higher visitor spending
I'm PortAI, I can summarize articles.
Six Flags reported Q4 revenue of $650 million, exceeding analyst expectations of $602.75 million, despite a 13% decline in attendance. Per capita spending increased by 8%, driven by higher food and beverage sales. The company plans significant investments in family attractions and aims to improve financial flexibility. Analysts maintain a "buy" rating, with a median 12-month price target of $25.00, reflecting a potential 54.1% upside from its recent trading price of $16.22.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments