Cedar Fair LP
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Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap Value
Company profile

Cedar Fair, L.P. is an operator of regional amusement parks. The Company operates within a segment of amusement/water parks with accompanying resort facilities. As of December 31, 2016, the Company owned approximately 11 amusement parks, two separately gated outdoor water parks, one indoor water park and five hotels. The amusement parks include Cedar Point, located on Lake Erie between Cleveland and Toledo in Sandusky, Ohio; Knott's Berry Farm, near Los Angeles, California; Canada's Wonderland, near Toronto, Canada; Kings Island, near Cincinnati, Ohio; Carowinds, in Charlotte, North Carolina; Dorney Park & Wildwater Kingdom (Dorney Park), in Allentown, Pennsylvania; Kings Dominion, near Richmond, Virginia; California's Great America, in Santa Clara, California; Valleyfair, near Minneapolis/St. Paul, Minnesota; Worlds of Fun, in Kansas City, Missouri, and Michigan's Adventure, in Muskegon, Michigan. It manages and operates Gilroy Gardens Family Theme Park in Gilroy, California.

Closing Price
$29.90
Day's Change
0.10 (0.34%)
Bid
--
Ask
--
B/A Size
--
Day's High
30.20
Day's Low
29.25
Volume
(Below Average)
Volume:
402,329

10-day average volume:
501,475
402,329

Citrix Systems beats earnings estimates as COVID-19 boosts workspace revenue; stock slips

7:28 am ET April 23, 2020 (MarketWatch)
Print

Citrix Systems Inc. (CTXS) reported Thursday first-quarter profit and revenue that were well above expectations, as the digital workspace and networking company witnessed a surge in demand as a result of the COVID-19 pandemic. Net income increased to $181.2 million, or $1.42 a share, from $110.3 million, or 78 cents a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to $1.73, beating the FactSet consensus of $1.17. Revenue jumped 20% to $861 million, above the FactSet consensus of $733.7 million, as workspace revenue rose 27%. For 2020, Citrix expects adjusted EPS of $5.40 to $5.60, above the FactSet consensus of $5.39, and is guiding for revenue of $3.10 billion to $3.16 billion, compared with expectations of $3.11 billion. The stock, which slipped 1.3% in premarket trading, has soared 36.8% year to date through Wednesday, while the S&P 500 has dropped 13.4%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

April 23, 2020 07:28 ET (11:28 GMT)

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