Six Flags reports Q3 EPS with items ($11.77), consensus $2.05

Core Insights - Company reported Q3 revenue of $1.32 billion, slightly below consensus estimate of $1.34 billion [1] - Q3 EPS included non-cash impairment charges of $1.5 billion related to goodwill and intangible assets, reflecting a significant increase from the $42 million charge recorded last year [1] - Attendance trends showed strong performance in July and August but moderated in September, impacting overall results [1] Financial Performance - The non-cash impairment charges do not affect cash flow, Adjusted EBITDA, or future park operations [1] - The impairment assessment was triggered by a change in performance versus expectations and a sustained lower share price [1] Strategic Focus - Company is shifting its strategy to invest ahead of attendance growth to enhance guest satisfaction across its portfolio [1] - There is a disciplined approach to capital allocation, prioritizing investments in high-return properties moving forward [1]