May 13, 2022
Categories:
Finance
Valantis Aristides
7 minute read

Advan Notable Hits: Six Flags Entertainment Corporation (SIX)

Notable Hit: (SIX:NYSE) On Thursday May 12, 2022 Six Flags Entertainment Corporation (SIX) posted better-than-expected revenues of 138.11mm surpassing the consensus estimate of $121.2mm or by +13.9% and in the same direction as Advan's forecasted sales. The revenue was up 68% YoY and in line with Advan's foot traffic data increase of 38% YoY at its theme parks for Q1 2022. As a result of beating the sales and EPS, the stock opened at $30.5, +2.7% from previous close. Advan's footfall data has a correlation of 1 on a YoY basis with SIX's top-line revenue over the last 13 quarters.


Advan Hits: SIX correlation traffic vs revenue


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Valantis Aristides

Valantis has been focused on product management across B2B and B2C SaaS and data analytics, specializing in translating complex data into clear, actionable insights that inform business and investment decisions, product innovation, and customer engagement. His experience includes analyzing mobility trends, credit card transactions, and alternative data to uncover patterns that shape strategy and highlight market opportunities.