Six Flags Entertainment Earnings: What Investors Should Watch

Six Flags Entertainment (NYSE:SIX) will report earnings before markets open on Monday, April 22nd. Six Flags Entertainment Corporation operates regional theme parks across North America. The Company has parks comprised of theme, water and zoological parks. The parks offer rides, water attractions, themed areas, concerts, shows, restaurants, game venues and retail outlets.

Here is your Cheat Sheet to Six Flags Entertainment Earnings:

Earnings Expectations: Analysts expect earnings of $-1.44 per share on revenues of $68.20 million. Currently, the company’s P/E ratio stands at 11.05.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.15 to a profit $1.09. For the current year, the average estimate is a profit of $2.08, which is worse than the estimate ninety days ago.

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Earnings Trends:

Here’s how Six Flags Entertainment has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,006 898.93 975.89 1,013 1,070
Diluted EPS ($) -0.73 -2.51 6.42 -0.41 6.38

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 137.56 66.36 374.91 485.14 143.92
Diluted EPS ($) -1.79 -2.11 1.27 4.46 2.76

Past Performance:
Six Flags Entertainment has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)