Shares of Six Flags Entertainment Corporation (NYSE: FUN) plummeted 6.37% on Thursday in the intraday trading session, following the company's disappointing fourth quarter 2024 earnings report.
The amusement park operator reported Q4 revenue of $687.31 million, missing analyst estimates of $700.52 million. More concerningly, Six Flags posted a net loss of $2.76 per share for the quarter, far worse than the expected profit of $0.32 per share.
The poor results appeared to overshadow Six Flags' touted cost synergies from its merger with Cedar Fair last year. While the company highlighted achieving over $50 million in gross cost savings, investors were clearly disappointed by the massive earnings and revenue misses.
For the full year 2025, Six Flags guided for adjusted EBITDA of $1.08 billion to $1.12 billion. However, analysts may review their estimates after the surprisingly weak Q4 performance.
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