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[SIX] Q3 2015 - Six Flags beats by $0.11

Discussions on Theme Park Stock & Investment including SIX, DIS, FUN, SEAS, CMCSA & More.

Post October 25th, 2015, 4:38 pm
Mikey User avatar
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Straight from the News Wire:

Six Flags Entertainment posted this week earnings of $1.64 per share, $0.11 better than the consensus of $1.53, revenues rose 6.2% year/year to $575.3 million vs the $558.5 million analyst predicted. The company reported adjusted EBITDA grew 6% year over year to $308 million. Growth was primarily driven by higher admissions revenue and higher in-park revenue as attendance grew by 9% to 12.9 mln guests. "Our season pass sales, membership plan and pricing initiatives continue to enhance the company's performance, and fuel revenue and cash flow growth. Our strategy is working, our execution is excellent, and we remain very well positioned as we work toward achieving our new long-term target of $600 million of Modified EBITDA by 2017."Co's Active Pass Base, which represents the total number of guests who have purchased a season pass or who are enrolled in the company's membership program, increased 25% year over year. The significant increase in the Active Pass Base is in line with the company's overall strategy to upsell guests to multi-visit passes. Season pass holders and members are the company's most valuable guests since they generate higher revenue and cash flow for the company than a single day guest.
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Post October 25th, 2015, 4:44 pm
Coasterkidmwm User avatar
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I guess when little Timmy NEEDS a funnel cake all those visits with the season's pass it adds up over the year.
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Post October 25th, 2015, 5:30 pm

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I can't see a Season Pass holder being more valuable than a guest. UNLESS, that Season Pass holder only has an admission pass, and no dining plan. If that Season Pass holder is coming back 3 times and year and paying for 2 meals each day, then I can see why they are more valuable then 1 day people. But for straight gate admission revenue, the 1 day people are more valuable.
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