Cedar Fair Q2 2024 Adj. EPS $0.40 Misses $1.12 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cedar Fair reported Q2 2024 adjusted EPS of $0.40, significantly missing the estimate of $1.12.
August 08, 2024 | 8:02 am
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Cedar Fair's Q2 2024 adjusted EPS of $0.40 missed the $1.12 estimate, indicating weaker-than-expected financial performance.
The significant miss in adjusted EPS suggests weaker financial performance, which is likely to negatively impact investor sentiment and put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100