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Cedar Fair, L.P. Message Board

  • john11cv john11cv Mar 6, 2013 4:07 PM Flag

    Cedar Fair Insiders Grow Pessimistic as Earnings Growth Declines...

    Momentum ended 4 quarters ago in Cedar Fair in earnings growth, missing analyst earnings estimates 3 of last 4 quarters and most notably in their seasonally strongest Sept. quarter. The business plan at Cedar Fair is facing huge head winds entering 2013. I would book profits in FUN shares at this time. The current quarter last year was a bad miss and a big disappointment.

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    • I see no actions or statements by "insiders" that substantiate your claims. I do see the commitment to a $2.50 / unit distribution and a completion of refinancing that will knock $50M off of interest expense. Neither seem to be headwinds.

      Sentiment: Hold

      • 1 Reply to reeshau
      • Have you looked at decellerating earnings growth? I know it's hard to look past a teaser di vidend to see the underlying strength, and in this case weakness in earnings, but it is prudent to do so at this point in time. And, should US stocks head lower by 5 to 10 percent, which can occur any hour or any day now, this stock goes in the direction of the market every time. It won't be spared, especially with the pathetic ernings that they're posted in last few quarters, the most recent being the worst or these reports.

 
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