Six Flags Q4 Attendance 4.3M +6% YoY, Total Guest Spending Per Capita $64.19 (1)% YoY
Portfolio Pulse from Benzinga Newsdesk
Six Flags reported a 6% year-over-year increase in Q4 attendance to 4.3 million, with total guest spending per capita slightly down by 1% to $64.19. Total revenue for the quarter rose by 5% to $293 million, while the company experienced a net loss of $22 million, contrasting with a net income of $10 million in the same period last year. Adjusted EBITDA remained nearly flat.
February 29, 2024 | 11:10 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Six Flags reported a 6% increase in Q4 attendance but saw a slight decrease in guest spending per capita. Revenue increased by 5%, but the company reported a net loss of $22 million.
The mixed Q4 results for Six Flags, with increased attendance and revenue but a significant net loss and a slight decrease in guest spending per capita, could lead to short-term negative sentiment among investors. The transition from a net income to a net loss is particularly concerning, overshadowing the positive aspects of the report.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100