Six Flags Entertainment Corporation reported its third-quarter 2024 financial results, with adjusted earnings per share of $2.10, which missed the street consensus estimate of $3.39. However, quarterly sales reached $1.348 billion, surpassing the analyst consensus estimate of $1.339 billion.
Operating days in the quarter totaled 2,585, a significant increase from 1,091 in the prior year, with approximately 1,591 of these additional operating days contributed by the legacy Six Flags operations following the July 1, 2024 merger. The company also announced new long-range strategic objectives, signaling its future direction.
The mixed financial performance, characterized by a revenue beat but an EPS miss, indicates both the expanded scale post-merger and potential challenges in profitability or integration costs. The new strategic objectives will be crucial for guiding the company's growth and operational efficiency moving forward.
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