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Six Flags: 1Q Earnings Snapshot

GRAND PRAIRIE, Texas (AP) _ Six Flags Entertainment Corp. (SIX) on Tuesday reported a loss of $69.1 million in its first quarter.

On a per-share basis, the Grand Prairie, Texas-based company said it had a loss of 82 cents.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 86 cents per share.

The amusement park operator posted revenue of $128.2 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $122.8 million.

Six Flags shares have decreased roughly 6 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $52.46, a drop of 14 percent in the last 12 months.


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