Cedar Fair Q2 EPS $1.04 Misses $1.10 Estimate, Sales $500.98M Miss $512.74M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cedar Fair (NYSE:FUN) reported Q2 earnings of $1.04 per share, missing the analyst consensus estimate of $1.10 by 5.45%. The company also reported quarterly sales of $500.98 million, missing the analyst consensus estimate of $512.74 million by 2.29%. However, this is a 16.85% increase over earnings of $0.89 per share from the same period last year, but a 1.67% decrease over sales of $509.49 million the same period last year.
August 04, 2023 | 12:37 pm
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Cedar Fair's Q2 earnings and sales missed analyst estimates. This could potentially impact investor sentiment and the company's stock price in the short term.
Cedar Fair's earnings and sales for Q2 have both missed analyst estimates. This underperformance could lead to a negative sentiment among investors, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100