Six Flags Stock Forecast: Earnings Of $1.65 Per Share

Six Flags Entertainment Co. Analysts at William Blair decreased their Q3 2022 EPS forecasts for shares of Six Flags in a research note released to investors on Monday, October 17th.

William Blair analyst R. Sundby now expects the company to earn $1.65 per share for the quarter, down from $1.90 previously.

The consensus full-year profits forecast for Six Flags is $1.89 per share. William Blair expects Six Flags Entertainment to make $0.24 EPS in Q4 2022.

Six Flags Entertainment (NYSE:SIX) reported earnings on August 11th. The company's quarterly EPS of $0.69 below expectations by $0.29.

Six Flags Entertainment had a negative 14.53% return on equity and 8.83% net margin. Quarterly revenue was $435.40 million, compared to the consensus forecast of $518.50 million.

On Wednesday, SIX shares opened at $20.44. Six Flags Entertainment's one-year low is $16.83 and its one-year high is $47.24.

Large investors lately increased or decreased their business holdings. Meeder Asset Management Inc. bought a $35,000 investment in Six Flags in the first quarter.

In other news, on Monday, September 12th, Director Arik W. Ruchim purchased 50,000 shares of the company's stock.

Migdal Insurance & Financial Holdings Ltd. now owns 1,159 shares of the company's stock, valued at $51,000, following the purchase of 428 more shares in the last quarter.

Under the Six Flags brand, Six Flags Entertainment Corporation owns and manages regional theme and waterparks.