U.S. Markets closed

Six Flags: 3Q Earnings Snapshot

GRAND PRAIRIE, Texas (AP) _ Six Flags Entertainment Corp. (SIX) on Tuesday reported third-quarter profit of $179.8 million.

On a per-share basis, the Grand Prairie, Texas-based company said it had net income of $2.11.

The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.30 per share.

The amusement park operator posted revenue of $621.2 million in the period, which also did not meet Street forecasts. Ten analysts surveyed by Zacks expected $643.2 million.

Six Flags shares have declined roughly 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $51.22, a decrease of 22% 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