It will be time to strap in and see where the coaster ride takes you when Six Flags (NYSE:SIX) reports financial results on Wednesday morning. The regional amusement park operator steps up with its third-quarter results, and there's a lot riding on the performance. Most of Six Flags' gated attractions are open seasonally, and summer -- when school is out and thrill-seeking youth need something to do -- is its most potent time of the year. 

Analysts are holding out for revenue of $583.3 million, up 4.6% since the prior year's summer-containing quarter. Wall Street's forecasting per-share profit of $1.81, well above the $1.09 it generated a year earlier. The third quarter is so important for Six Flags that it's expected to account for 43% of its revenue and nearly all of its earnings for 2017. 

Twisted Colossus at Six Flags Magic Mountain in California.

Image source: Six Flags.

You must be this tall to ride

Six Flags will be the first park operator to report this earnings season, giving investors the first glimpse of how the industry held up in light of leisure trends and the storms that ravaged Florida and Texas near the end of the summer season. Six Flags doesn't have any parks in Florida and the three locations it runs in Texas were largely spared from Hurricane Harvey's force, but windstorm uncertainty likely ate into overall demand.

We won't have just Six Flags reporting for long. Universal Studios parent Comcast (NASDAQ:CMCSA) reports on Thursday, and while it relies on its namesake cable business and NBCUniversal to generate the bulk of its business, its theme parks have been growing briskly since the arrival of The Wizarding World of Harry Potter on both coasts. 

Cedar Fair (NYSE:FUN) is the closest match to a publicly traded Six Flags rival, as both operate regional amusement parks are mostly open seasonally. It reports next week. Disney (NYSE:DIS) and SeaWorld Entertainment (NYSE:SEAS) will wrap up the earnings reports the week after that. 

It's an airtime machine

The amusement park industry would seem to be a hot niche these days. Marketers should be drooling at the chance to reach thrill-seeking millennials at a time when the country's youth are sidestepping traditional advertising mediums. In-park tech keeps evolving, giving the leading attraction operators new ways to engage with their guests. Unfortunately, the stock market isn't feeling as bullish.

All five of the publicly traded companies are trailing the market in 2017. Disney and SeaWorld are trading lower this year, while Comcast, Cedar Fair, and Six Flags have been limited to single-digit percentage gains. SeaWorld Entertainment has had its unique brand-tarnishing challenges, and Disney is being held back by weakness at ESPN and its other media network properties. Cedar Fair and Six Flags have posted meager gains despite offering chunky yields. Comcast is actually the biggest gainer this year, though its 7% gain isn't much to crow about. 

Six Flags will set the tone for the upcoming reports. It's been mortal in previous outings, missing Wall Street's profit targets in three of the past four quarters. However, that's all in the past. It's time to check out the consumer-facing operator's seasonally strongest quarter, and if the industry is going to bounce back into favor, it's going to have to come ready to ride on Wednesday morning.

Rick Munarriz owns shares of SeaWorld Entertainment and Walt Disney. The Motley Fool owns shares of and recommends Walt Disney. The Motley Fool recommends Cedar Fair. The Motley Fool has a disclosure policy.