For its first fiscal quarter (ending March 31), Cedar Fair LP (NYSE: FUN) has reported E.P.S. of $-2.63 compared to $-2.61 a year ago. This performance was $-0.38 short of the consensus estimate of $-2.25. E.P.S. were $2.47 for the latest four quarters through March 31 versus $4.42 for the same period a year ago — a decline of -44%.
Recent Price Action
Cedar Fair LP (NYSE: FUN) stock closed at $43.49 on 5/9/24 after a very large increase of 6.5%. Moreover, trading volume in this advance was exceptionally high at 376% of normal. The stock has risen 14.1% during the last week and has performed in line with the market over the last nine months.
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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