Six Flags Entertainment Q3 Profit Down - Quick Facts

(RTTNews) - Six Flags Entertainment Corp. (SIX) reported a lower third-quarter profit in the absence of a gain it recorded last year, despite higher revenues.

Net income attributable to the company was $120.4 million or $1.22 per share, compared with $253.02 million or $2.23 per share last year. The year ago results included a gain on sale of investee of $67.04 million.

On average, six analysts polled by Thomson Reuters expected the company to report earnings per share of $1.72 for the quarter. Analysts' estimates typically exclude one-time items.

Total revenues for the three-month period increased to $504.5 million from prior year's $485.1 million. Analysts expected the company to generate revenues of $511.32 million for the quarter.