Six Flags Entertainment Q3 Earnings: Revenue Beats, Merger Synergies, Strong Q4 Expectations & More

Six Flags Entertainment Corporation (NYSE:FUN) shares are trading higher on Wednesday.

The company reported third-quarter adjusted earnings per share of $2.10, missing the street view of $3.39. Quarterly sales of $1.348 billion outpaced the analyst consensus estimate of $1.339 billion.

Operating days in the quarter totaled 2,585, compared with 1,091 last year. About 1,591 of the additional operating days were contributed by the legacy Six Flags operations added in the merger.

On July 1, legacy Cedar Fair and legacy Six Flags closed the merger transactions to form the new combined company Six Flags Entertainment Corporation.

Adjusted EBITDA, which the management notes as ...