Six Flags revenue falls in need of estimates

Six Flags revenue falls in need of estimates


Six Flags Entertainment Corp.












SIX, -1.71%










on Wednesday said its second-quarter earnings surged 43%, but fell short of Wall Street’s expectations.

The Grand Prairie, Texas, amusement-park operator on Wednesday reported net income of $74.5 million, or 88 cents a share, up from $52 million, or 59 cents a share, a year earlier. Analysts polled by FactSet were expecting earnings of 93 cents a share.

Revenue rose 5% to $445.4 million, helped by a 3% increase in attendance and a 2% rise in per-capita guest spending. Analysts were expecting revenue of $439 million.

Earlier this month, rival Cedar Fair L.P.












FUN, -1.17%










reported a slower-than-expected start to the key summer season, sending the shares of Six Flags and other theme-park operators lower.

Write to Colin Kellaher at colin.kellaher@wsj.com



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