Cedar Honest, L.P. (FUN) reported $101.62 million in income for the quarter ended March 2024, representing a year-over-year improve of 20.2%. EPS of -$2.47 for a similar interval compares to -$2.61 a yr in the past.
The reported income represents a shock of +10.49% over the Zacks Consensus Estimate of $91.97 million. With the consensus EPS estimate being -$2.40, the EPS shock was -2.92%.
Whereas buyers intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers mission a inventory’s worth efficiency extra precisely.
Right here is how Cedar Honest carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Attendance: 1,300 thousand in comparison with the 1,226.93 thousand common estimate primarily based on three analysts.
- Web revenues- Admissions: $45.44 million versus the four-analyst common estimate of $42.42 million. The reported quantity represents a year-over-year change of +15%.
- Web revenues- Lodging, extra-charge merchandise and different: $17.32 million in comparison with the $13.93 million common estimate primarily based on 4 analysts. The reported quantity represents a change of +33.6% yr over yr.
- Web revenues- Meals, merchandise and video games: $38.86 million versus the four-analyst common estimate of $36.61 million. The reported quantity represents a year-over-year change of +21.2%.
View all Key Company Metrics for Cedar Fair here>>>
Shares of Cedar Honest have returned +2.8% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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Cedar Fair, L.P. (FUN) : Free Stock Analysis Report
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