CORRECTION: Six Flags Entertainment Q4 Adj. EPS Excluding Merger-Related Transaction Costs and Impairment Costs EPS $0.18 Misses $0.27 Estimate
Portfolio Pulse from Benzinga Newsdesk
Six Flags Entertainment reported its Q4 adjusted earnings per share (EPS) of $0.18, missing the estimated $0.27. The adjustment excludes merger-related transaction costs and impairment costs.
February 29, 2024 | 12:57 pm
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Six Flags Entertainment's Q4 adjusted EPS of $0.18 missed the estimated $0.27, after excluding merger-related transaction costs and impairment costs.
Missing earnings estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. Given the significant miss in EPS expectations for Six Flags, it's likely that investors may react negatively, leading to a short-term decrease in the stock price of SIX.
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