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Six Flags tops 2Q net income expectations, misses revenue forecasts

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GRAND PRAIRIE, Texas — Six Flags Entertainment Corp. (SIX) on Wednesday reported second-quarter net income of $65.5 million.

On a per-share basis, the Grand Prairie, Texas-based company said it had profit of 67 cents.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The amusement park operator posted revenue of $386.1 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $396.8 million.

Six Flags shares have increased slightly more than 7 percent since the beginning of the year. The stock has risen 12 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIX at http://www.zacks.com/ap/SIX

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Keywords: Six Flags, Earnings Report

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