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Six Flags Announces First Quarter 2021 Performance

Published: 04/28/2021 10:13 GMT
Six Flags Entertainment Corp (SIX) - Six Flags Announces First Quarter 2021 Performance.
Q1 Revenue $82 Million.
Cash Outflow for Q1 2021 Better Than Expectations.company Reported a Decline in Attendance for Q1 2021 As Compared to Same Periods in 2020 and 2019.
Total Attendance for Q1 2021 Declined 15% Compared to 2020 and 38% Compared to 2019.
Six Flags - Since Parks Began Re-opening With Limited Operations in June 2020, Attendance Trends Compared to 2019 Have Continued to Improve.
In Q1 2021, Attendance at Company's Open Parks Was 95% of Q1 2019.
Qtrly Loss per Share $1.12.
Q1 Earnings per Share View $-1.28, Revenue View $48.0 Million -- Refinitiv Ibes Data (analyst estimates).
Estimates That It Will Be Cashflow Positive for Last Nine Months of 2021.
Cashflow Forecast Will Depend on All of Company's Parks Remaining Open and Attendance Levels Continuing to Normalize.