Earnings Preview: Cedar Fair Has Some Big Questions to Answer for Investors
Cedar Fair (NYSE: FUN) stock has slumped since the onset of the COVID-19 pandemic. Investors are worried about the financial hit to the business from the closures that have kept its assets sitting idle since mid-March.
There are also big questions around the timing and scale of the rebound, as economic conditions might not support robust spending at parks. The virus might keep a lid on attendance over the next few quarters, too.
CEO Richard Zimmerman and his team won't have any special insight into when that recovery might happen, but they'll still have some important news for investors when they announce earnings results on Wednesday, May 6.
Source Fool.com
