What Analyst Projections for Key Metrics Reveal About Six Flags Entertainment Corporation (FUN) Q3 Earnings

Core Viewpoint - Wall Street analysts anticipate a decline in Six Flags Entertainment Corporation's earnings per share (EPS) for the upcoming quarter, despite a significant increase in revenues compared to the previous year [1]. Earnings Estimates - Analysts expect Six Flags to report quarterly earnings of $2.96 per share, reflecting a year-over-year decline of 29.7$1.34 billion, representing a 59.5% increase from the same quarter last year [1]. - Specific revenue estimates include: - 'Net revenues- Admissions' expected to reach $673.11 million, a year-over-year increase of 61.1$190.04 million, reflecting a 33.3% increase [5]. - 'Net revenues- Food, merchandise and games' projected at $490.33 million, indicating a 74.2% increase [6]. Attendance Expectations - Analysts forecast attendance to reach 20.91 million, significantly up from 12.43 million in the prior year [6]. Market Performance - Six Flags shares have increased by 6.9% over the past month, contrasting with a -0.5% change in the Zacks S&P 500 composite [6]. - The company currently holds a Zacks Rank 5 (Strong Sell), suggesting it may underperform the overall market in the near term [6].