By Natalie Weger
Six Flags shares slumped after UBS said it expects the amusement park to have disappointing second-quarter results.
Shares dropped 4.5% to $27.42 on Tuesday, reaching a 52-week low.
UBS analysts said amusement park wait-time data shows meaningfully weaker attendance in June and the critical July 4 weekend. The analysts could see Six Flags highlighting significant weather impact at the majority of the parks, considering the start of the summer was colder and wetter.
The company might report earnings before interest, taxes, depreciation and amortization below consensus numbers, likely prompting a revision to the full-year guidance of $1.08 billion to $1.12 billion, the analysts said.
Write to Natalie Weger at natalie.weger@wsj.com
(END) Dow Jones Newswires
July 15, 2025 14:29 ET (18:29 GMT)
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