Business

Six Flags blames polar vortex for lower revenue

Six Flags Entertainment’s stock is up 11 percent on the year and reported better-than-expected earnings, but the amusement park operator, which includes Great Adventure, said revenue was light because of the polar vortex — which is not its newest roller coaster.

Six Flags said winter storms forced schools to remain open longer, thereby reducing traffic at the parks.

Meanwhile, the company reported Monday second-quarter profit of $85.3 million, or 67 cents a share, up from $47.4 million, or 47 cents a share, a year ago, beating analysts’ estimate for earnings of 64 cents a share.

Revenue for the three months ending June 30 rose 4 percent to $377 million, but fell short of estimates of $395.2 million, as attendance declined 8 percent.