Six Flags Entertainment to Report 'Healthy' Q4 Results on Bigger Crowds, Oppenheimer Says

MT Newswires Live
23 Jan

Six Flags Entertainment (FUN) is set to report "healthy" Q4 results and issue a "favorable" outlook, driven by strong attendance that may extend through 2025 and beyond, Oppenheimer said Wednesday in a report.

October crowds increased by 20% from a year earlier with the month historically accounting for up to 65% of the quarter's attendance, while December, which usually accounts for up to 30% of Q4 attendance, "also appears to have performed well," Oppenheimer said.

Six Flags management continues to focus on park experience to drive demand, with investments in new attractions, upgrades in food and beverage offerings and additional premium experiences, the report said.

The company "has meaningful upside potential driven by higher attendance and continued ticket price momentum into 2025," Oppenheimer said.

Six Flags is set to report Q4 results on Feb. 27.

Oppenheimer reiterated its outperform rating on the stock with a $60 price target.

Price: 45.27, Change: -0.10, Percent Change: -0.23

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