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Benzinga
Benzinga
Business
Avi Kapoor

Six Flags Entertainment Analysts Slash Their Forecasts After Q2 Results

New,Jersey,Usa,-,June,20,2016:,Bizarro,Is,A

Six Flags Entertainment Corporation (NYSE:FUN) posted downbeat sales for the second quarter on Wednesday.

The company reported second-quarter sales of $930.39 million, which missed the analyst consensus estimate of $1.05 billion. The firm reported quarterly adjusted earnings per share of 26 cents, down from 40 cents in the year-ago period. On a GAAP basis, the company reported earnings per share of 99 cents, which compared with $1.08 in the year-ago period.

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