Cedar Fair Reports Record Results For 2016 On Strong Attendance And Guest Spending Growth
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Cedar Fair (FUN) PT Raised to $74 at FBR Capital Following 4Q16 Results
February 16, 2017 6:27 AM ESTFBR Capital analyst Barton Crockett reiterates Outperform rating and raises price target on Cedar Fair (NYSE: FUN) to $74 (from $68), noting multiple growth prospects, as the company reported encouraging 2016 fourth quarter results.
Crockett comments, "We take our price target up $6 to $74, after Cedar Fair's encouraging... More
Cedar Fair L.P. (FUN) Misses Q4 EPS by 14c
February 15, 2017 9:02 AM ESTCedar Fair L.P. (NYSE: FUN) reported Q4 EPS of ($0.12), $0.14 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $191.97 million versus the consensus estimate of $182.64 million.
Outlook
"We've received excellent responses to the new rides and attractions announced for our parks in 2017," said Ouimet. "These marketable capital projects are scheduled to open on time and on budget, including the new Mystic Timbers wooden roller coaster at Kings Island and the newly rebranded and... More
