On Feb. 8, Motley Fool Income Investor pick Cedar Fair (NYSE:FUN) released fourth-quarter earnings for the period ended Dec. 31.

  • For the full rundown on Cedar Fair's earnings, click here.
  • Sales increased by 53.6% because of excellent performance by admissions and accommodations segments.
  • The company has received approval from its lenders to reduce the interest rates by 50 basis points, which could save approximately $8 million annually.
  • In 2007, company will invest $83 million in capital improvements at its 18 locations.
  • For fiscal 2007, $950 million to $1.0 billion of revenues are expected because of new parks, improvements in attendance, in-park guest per capita spending, and continued growth in accommodations revenues at resort properties.
  • Fellow Fools rate Cedar Fair as a three-star performer in our Motley Fool CAPS stock-picking database.

(Figures in millions, except per-share data)

Income Statement Highlights

Q4 2006

Q4 2005

Change

Sales

$119.9

$78.0

53.6%

Net Profit

($30.0)

$2.3

N/A

EPS

($0.56)

$0.04

N/A

Diluted Shares

53.8

55.0

(2.2%)



Get back to basics with a look at the income statement.

Margin Checkup

Q4 2006

Q4 2005

Change*

Operating Margin

(1.6%)

8.0%

(9.6)

Net Margin

(25.0%)

3.0%

(28.0)

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

No data for assets.

Liabilities

Q4 2006

Q4 2005

Change

Long-Term Debt

$1,777.2

$470.9

277.4%



Learn the ways of the balance sheet.

Cash Flow Highlights

Cash flow data not available

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Related Companies:

  • Disney (NYSE:DIS)
  • Six Flags (NYSE:SIX)
  • Vail Resorts (NYSE:MTN)

Related Foolishness:

Cedar Fair is an Income Investor recommendation. Vail Resorts is a Hidden Gems pick. Disney is a Stock Advisor selection. Check out our entire suite of newsletters by clicking here.

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