Six Flags Entertainment (SIX: Quote) reported fourth quarter net income of $2.59 per share Wednesday morning, compared to the loss of $1.85 per share a year ago. The consensus estimate was for a loss of $0.50. Total revenues for the quarter rose to $143.92 million from $137.56 million in the prior year quarter. Six analysts had consensus revenue estimate of $135.96 million for the quarter.
Six Flags gapped open higher Wednesday and climbed during the first hour of trade. The stock finished with a gain of 3.17 at $66.90 on above average volume. Six Flags rose to nearly a 7-month high.
by RTT Staff Writer
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