Six Flags will consider closing some parks, according to its first quarterly report since merging with Cedar Fair [Yahoo! Finance]
Six Flags Entertainment Corporation New (FUN)
Last six flags entertainment corporation new earnings: 11/6 04:00 am
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Source: Yahoo! Finance
report since merging with Cedar Fair to become the largest regional amusement park operator in North America. And the report suggests that Six Flags will at least consider closing some of its 42 amusement or water parks as part of its long-term business plan. The report, released Wednesday, is for Six Flags' 2024 third-quarter results. But it's the company's first quarterly report since the former Six Flags merged with the former Cedar Fair to form the new Six Flags Entertainment Corporation (SFEC). The merger was closed on July 1. PREVIOUS: Cedar Fair and Six Flags will merge to create a playtime powerhouse in North America In a media release, SFEC says Wednesday's third-quarter report reflects the financial results for the new company from July 1 through Sept. 29, 2024, since the merger. That means the financials look quite different than what was reflected in the first and second quarters of 2024, when Six Flags and Cedar Fair reported as separate companies. SFEC also r
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News
- Cedar Fair, L.P. (NYSE: FUN) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Cedar Fair, L.P. (NYSE: FUN) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $55.00 price target on the stock.MarketBeat
- Cedar Fair, L.P. (NYSE: FUN) had its price target raised by analysts at JPMorgan Chase & Co. from $43.00 to $46.00. They now have an "underweight" rating on the stock.MarketBeat
- Six Flags considering closing parks across the US after merger with Cedar Point company [Yahoo! Finance]Yahoo! Finance
- Cedar Fair (FUN) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
FUN
Earnings
- 11/6/24 - Miss
FUN
Sec Filings
- 11/5/24 - Form SC
- 10/7/24 - Form SC
- 8/15/24 - Form SC
- FUN's page on the SEC website