Six Flags Entertainment Q1 Sales $133.291M Miss $136.594M Estimate
Portfolio Pulse from Benzinga Newsdesk
Six Flags Entertainment (NYSE:SIX) reported Q1 sales of $133.291 million, missing the analyst consensus estimate of $136.594 million by 2.42% and marking a 6.26% decrease from the previous year's sales of $142.190 million.
May 09, 2024 | 10:01 am
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Six Flags Entertainment reported lower than expected Q1 sales, missing estimates and showing a year-over-year decline.
Missing sales estimates and reporting a year-over-year decline in sales are typically seen as negative indicators for a company's financial health and future performance. This can lead to decreased investor confidence and potentially lower stock prices in the short term.
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