Six Flags Entertainment Beats on Both Top and Bottom Lines
Six Flags Entertainment (NYS: SIX) reported earnings on Feb. 20. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Six Flags Entertainment beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.
Margins increased across the board.
Six Flags Entertainment tallied revenue of $143.9 million. The five analysts polled by S&P Capital IQ foresaw revenue of $135.0 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $2.59. The four earnings estimates compiled by S&P Capital IQ predicted -$0.50 per share. GAAP EPS were $2.59 for Q4 versus -$1.85 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 93.0%, 5,080 basis points better than the prior-year quarter. Operating margin was -16.3%, 730 basis points better than the prior-year quarter. Net margin was 99.9%, 17,410 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $65.8 million. On the bottom line, the average EPS estimate is -$1.80.
Next year's average estimate for revenue is $1.10 billion. The average EPS estimate is $2.49.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 31 members out of 50 rating the stock outperform, and 19 members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give Six Flags Entertainment a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Six Flags Entertainment is outperform, with an average price target of $69.00.
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The article Six Flags Entertainment Beats on Both Top and Bottom Lines originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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