Six Flags Entertainment Q4 Adj. EPS Excluding Merger-Related Transaction Costs $(0.09) Misses $0.27 Estimate
Portfolio Pulse from Benzinga Newsdesk
Six Flags Entertainment reported a Q4 adjusted EPS of $(0.09), missing the estimated $0.27, excluding merger-related transaction costs.
February 29, 2024 | 11:25 am
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NEGATIVE IMPACT
Six Flags Entertainment's Q4 adjusted EPS of $(0.09) missed the estimated $0.27, excluding merger-related transaction costs.
Missing the earnings estimate significantly, especially by a margin as wide as this, typically leads to negative investor sentiment in the short term. Investors and analysts had expected better performance, and the miss may lead to a decrease in stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100