These Analysts Slash Their Forecasts On Six Flags Entertainment After Q3 Results

Six Flags Entertainment Corporation (NYSE:FUN) posted weak sales for the third quarter on Friday.The company reported third-quarter adjusted earnings per share of $3.28, beating the analyst consensus estimate of $2.20.Quarterly sales of $1.318 billion (down 2% year over year) missed the Street view of $1.333 billion. Attendance rose 1% to 21.1 million, an increase of about 138,000 visits."Our efforts to stimulate demand did not achieve the desired returns and our decision to shift to more advertising spend ...