GRAND PRAIRIE, Texas — Six Flags Entertainment Corp. (SIX) on Thursday reported fourth-quarter net income of $79.4 million.
The Grand Prairie, Texas-based company said it had profit of 93 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.
The amusement park operator posted revenue of $269.5 million in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $285.2 million.
For the year, the company reported profit of $276 million, or $3.23 per share. Revenue was reported as $1.46 billion.
Six Flags shares have increased 15 percent since the beginning of the year. The stock has dropped slightly more than 2 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIX at https://www.zacks.com/ap/SIX