FUN Earnings Prediction
The chart below shows how FUN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FUN sees a -2.70% change in stock price 10 days leading up to the earnings, and a +0.20% change 10 days following the report. On the earnings day itself, the stock moves by +0.64%. This data can give you a slight idea of what to expect for the next quarter's release.
FUN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
687.31M
85.20%
-49.03%
Gross Margin
42.30%
-49.38%
-47.86%
Operating Margin
-25.43%
-372.85%
-185.77%
Net Margin
-38.44%
1334.33%
-482.49%
EPS
-2.72
-1260.00%
-347.27%
No Data Available
FUN Earnings Analysis
Cedar Fair LP Corporation (FUN.N) Earnings Conference Call
Positive
October Performance Highlights: Record October performance and outstanding fourth quarter results, capturing close to half of target merger-related cost synergies.
Improved EBITDA Margins: Boosted modified EBITDA margins in the fourth quarter by 650 basis points, indicating a return to historical operating margins.
Consumer Demand Growth: Early trends for 2025 show a 2% increase in attendance and a 3% increase in season pass sales, indicating strong consumer demand for entertainment experiences.
Adjusted EBITDA Target Growth: Targeting adjusted EBITDA of $1.08 billion to $1.12 billion for 2025, representing significant growth for the expanded portfolio.
Cost Synergy Achievements: Achieved approximately $50 million in gross cost synergies in 2024, with plans for an additional $70 million in 2025.
Q4 Adjusted EBITDA Increase: Adjusted EBITDA for Q4 2024 increased by $120 million to $209 million, reflecting strong performance from legacy Six Flags operations.
In-Park Spending Increase: In-park per capita spending increased by 3% compared to the previous year, indicating higher guest spending trends.
Deferred Revenue Growth: Deferred revenues increased to $308 million, showing strong advance sales and demand for the upcoming season.
Projected Capital Expenditures: Capital expenditures for 2025 are projected to be between $475 million to $500 million, focusing on enhancing guest experiences and driving demand.
New Attractions Boost Attendance: Major new attractions are being introduced at 11 of the 14 largest properties, enhancing the appeal of the parks and expected to drive attendance.
Negative
Legacy Revenue Decline: Fourth quarter revenues from legacy Cedar Fair operations decreased by $8 million compared to the fourth quarter last year, primarily due to 115,000 fewer visits during the period.
Attendance Decline Factors: The decrease in attendance at legacy Cedar Fair parks was the direct result of the fiscal calendar shift and the lower number of operating days in the period.
Legacy Revenue Decline: Out-of-park revenues from legacy Cedar Fair operations decreased by $3 million, the direct result of the fiscal calendar shift.
Cost of Goods Sold Analysis: The $58 million of cost of goods sold in the fourth quarter included $26 million related to legacy Six Flags operations, and as a percentage of food, merchandise and games revenue, cost of goods sold in the quarter increased 170 basis points.
Season Pass Sales Timing: The modest decline in season pass sales is primarily a timing issue that can be recovered during the critical spring sales cycle, which historically represents more than 50% of full program sales.
Wildfire Impact Assessment: We are closely monitoring any residual impact from the recent wildfires in California on our Southern California parks, which are two of our highest EBITDA properties.
FX Pressure on EBITDA: We have assumed approximately $7 million to $8 million of incremental FX pressure on EBITDA in 2025 compared to 2024, which could further impact our US dollar reported results this year.
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FUN Earning Call Sentiment
Six Flags Entertainment Corporation (FUN) Q4 2024 Earnings Call Transcript
FUN.N
3.46%Positive
The earnings call summary highlights strong financial performance, including an increase in net revenues and adjusted EBITDA. Product development is supported by significant capital expenditures aimed at enhancing guest experiences. Market strategy focuses on attendance growth and portfolio optimization, while the shareholder return plan emphasizes cost synergies and profitability. The Q&A session confirms optimistic guidance and strategic initiatives, with no significant negative concerns raised. Given the market cap, the overall sentiment suggests a positive stock price movement of 2% to 8% over the next two weeks.
