Cedar Fair LP (NYSE: FUN) has reported earnings for its third fiscal quarter (ending September 30) of $1.10 versus $4.25 for the same period a year ago — a decline of -74%. For the latest four quarters through September 30, E.P.S. were $0.29 versus $2.86 for the same period a year ago — a decline of -90%.
Recent Price Action
Cedar Fair LP (NYSE: FUN) stock enjoyed a very large increase of 7.3% on 11/6/24. The shares closed at $45.64. Moreover, this advance was accompanied by exceptionally high trading volume at 340% of normal. The stock has performed in line with the market over the last nine months and has risen 7.6% during the last week.
Current PriceTarget Research Rating
FUN is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Cedar Fair is currently unrated.
Rating Review
The stock is currently unrated.
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