Six Flags Entertainment Earnings: What Investors Should Watch

Six Flags Entertainment (NYSE:SIX) will report earnings before markets open on Monday, July 22nd. Six Flags Entertainment Corporation operates regional theme parks across North America. The Company has parks comprised of theme, water and zoological parks. The parks offer rides, water attractions, themed areas, concerts, shows, restaurants, game venues and retail outlets.

Here is your Cheat Sheet to Six Flags Entertainment Earnings:

Earnings Expectations: Analysts expect earnings of $0.54 per share on revenues of $372.14 million. Currently, the company’s P/E ratio stands at 9.98.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.49 to a profit $1.69. For the current year, the average estimate is a profit of $1.35, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Six Flags Entertainment has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,021 913 976 1,013 1,070
Diluted EPS ($) NA NA NA -0.20 3.19

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 374.91 485.14 143.92 87.52
Diluted EPS ($) 0.63 2.23 1.29 -0.62

Past Performance:
Six Flags Entertainment has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)