Six Flags’ Slow Growth In A Strong Economy Is Concerning Investors

SIX: Six Flags Entertainment logo
SIX
Six Flags Entertainment

Six Flags Entertainment (NYSE: SIX), the world’s largest regional theme park operator and the largest operator of water parks in North America, saw its stock decline by 16% over the last week. The sell-off followed the company’s underwhelming Q3 report, which missed both revenue and earnings estimates. While revenues remained almost flat year-over-year, the company saw per capita spending by its guests declining by about 1%. The lack of growth is likely to be a major concern for investors, as consumer spending in the U.S. has been strong, and rival theme parks from the likes of Disney have been faring well, posting higher average ticket prices and revenue growth. Below, we take a look at how Six Flags has fared in recent years and what the outlook could be like for the company.
View our interactive dashboard analysis on What Drove The Sell-Off In Six Flags Stock?
How does Six Flags Entertainment’s Revenue Growth in 2018 compare with that in prior periods and what’s the forecast?

Total Revenues for Six Flags Entertainment moderately increased from $1.36 Bil in 2017 to $1.46 Bil in 2018; an increase of 7.70%.

This compares with Total Revenues growth of:

  • 7.50% in 2015 compared to 2014
  • 4.39% in 2016 compared to 2015
  • 3.01% in 2017 compared to 2016
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We expect Total Revenues growth to be 4% in 2019.

How does Six Flags Entertainment’s Total Expense in 2018 compare with that in prior periods and what’s the forecast?

Total Expense for Six Flags Entertainment slightly increased from $1.03 Bil in 2017 to $1.05 Bil in 2018; an increase of 2.12%.

This compares with Total Expense growth of:

  • -1.48% in 2015 compared to 2014
  • 8.54% in 2016 compared to 2015
  • -5.17% in 2017 compared to 2016

We expect Total Expense growth to be 12% in 2019.

How does Six Flags Entertainment’s EBT in 2018 compare with that in prior periods and what’s the forecast?

EBT for Six Flags Entertainment increased significantly by 25.2% from $329 Mil in 2017 to $412 Mil in 2018. We expect EBT to stand at $343.3 million in 2019.

How do Six Flags Entertainment’s Net Income and EPS in 2018 compare with that in prior periods and what’s the forecast?

For more information on Six Flags’ Net Income and EPS, view our interactive dashboard analysis.

 

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