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SIX News and Press, Six Flags Entertainment Corporation From 10/28/20

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Company Name: Six Flags Entertainment Corporation
Stock Symbol: SIX
Market: NYSE
Website: investors.sixflags.com

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SIX - Rising COVID hospitalization rates hit consumer sector again

Travel and leisure stocks are lower as COVID-19 cases and hospitalizations break higher again."In 36 states, the hospitalization rate for the coronavirus increased by at least 5% over in the past seven days," notes CMC Markets' David Madden."Traders keep an eye on the hospitalization rat...

SIX - Six Flags stocks down 7.7% on earnings miss

Six Flags Entertainment (SIX) reports attendance of 2.6M guests in Q3 vs. 14M year ago and a 10% rise in guest spending per capita.The decrease in attendance was due to the temporary pandemic-related suspension of operations at nine of the company’s 26 parks during the q...

SIX - Six Flags EPS misses by $0.36, misses on revenue

Six Flags (SIX): Q3 GAAP EPS of -$1.37 misses by $0.36.Revenue of $126M (-79.7% Y/Y) misses by $16.74M.Attendance was 2.6 million guests, a decline of 11.4 million guests from the third quarter of 2019. This represented 19% of prior year total attendance, and approximately 35% of attendance a...

SIX - Six Flags Announces Third Quarter 2020 Earnings

Cash Outflow In-Line with Expectations Transformation Plan Underway Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of waterparks in North America, today reported a decline in revenue and earnin...

SIX - Six Flags Q3 Earnings Preview

Six Flags (NYSE:SIX) is scheduled to announce Q3 earnings results on Wednesday, October 28th, before market open.The consensus EPS Estimate is -$1.01 and the consensus Revenue Estimate is $142.74M (-77.0% Y/Y).Over the last 1 year, SIX has beaten EPS estimates 0% of the time and has beat...

SIX - Spike in COVID hospitalizations jolts consumer sector

The pandemic trade is back on after a weekend flurry of negative COVID-19 headlines, including alarming levels of hospitalizations in parts of Wisconsin, Texas and Missouri. Gainers include Internet retailers Wayfair ([[W]] +3.5%), Carparts.com ([[PRTS]] +3.8%), Etsy ([[ETSY]] +1.6%), Fiverr ...

SIX - Why General Electric, Booking Holdings, and Six Flags Stocks All Surged Thursday

In a curious confluence of circumstances, shares of stocks as varied as General Electric (NYSE: GE) , Booking Holdings (NASDAQ: BKNG) , and Six Flags Entertainment (NYSE: SIX) are all surging today -- and apparently on no news directly affecting any of them. ...

SIX - Six Flags cutting full-time workforce by 10%

Six Flags (SIX) says in an SEC filing that it's committed to reduce its full-time workforce by 10% as part of transformation productivity initiatives. That reduces the workforce by about 240 employees. Shares are up 0.7% after hours. Six Flags doesn't expect to incur material charges in the a...

SIX - Six Flags Sets Date to Announce Third Quarter 2020 Earnings

Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release third quarter financial results before the market opens on Wednesday, October 28, 2020. An investor conference call will follow beginning at 7:00 a.m. Central Time. The call can be accessed through the Six F...

SIX - Investors tackle new COVID-19 and stimulus wildcards with Trump hospitalized

The Latest: President Donald Trump is being treated with antiviral drug, Gilead's (GILD) remdesivir at a U.S. military hospital, while campaign manager Bill Stepien and ex-White House adviser Kellyanne Conway have also tested positive.Senators Thom Tillis from North Carolina and Mike Lee...

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