Cedar Fair
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cedar Fair's revenues will decrease -4.1% and EPS will decrease -1.0%.
The average estimate for revenue is $548.9 million. On the bottom line, the average EPS estimate is $2.92.
Revenue details
Last quarter, Cedar Fair logged revenue of $357.6 million. GAAP reported sales were 26% higher than the prior-year quarter's $284.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.77. GAAP EPS of $0.65 for Q2 were much higher than the prior-year quarter's $0.08 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 50.0%, 350 basis points better than the prior-year quarter. Operating margin was 24.1%, 590 basis points better than the prior-year quarter. Net margin was 10.2%, 870 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.08 billion. The average EPS estimate is $2.27.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 354 members out of 433 rating the stock outperform, and 79 members rating it underperform. Among 123 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 108 give Cedar Fair a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cedar Fair is buy, with an average price target of $34.00.
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