Published on 15 Feb 2024 on Zacks via Yahoo Finance
Cedar Fair, L.P. (FUN) reported $371.12 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.4%. EPS of $0.16 for the same period compares to $0.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $365.13 million, representing a surprise of +1.64%. The company delivered an EPS surprise of -33.33%, with the consensus EPS estimate being $0.24.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.