Carmike Cinemas Earnings Preview: Get Ahead of the Analysts
Carmike Cinemas (NASDAQ:CKEC) will report earnings after markets close on Monday, May 6th. Carmike Cinemas, Inc. owns and operates movie theaters in multiple states. The Company’s focus is on small to mid-sized communities with populations of fewer than 100,000 people.
Here is your Cheat Sheet to Carmike Cinemas Earnings:
Earnings Expectations: Analysts expect earnings of $0.08 per share on revenues of $130.60 million. Currently, the company’s P/E ratio stands at 2.90.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.4 to a profit $0.43. For the current year, the average estimate is a profit of $1.2, which is better than the estimate ninety days ago.
Here’s how Carmike Cinemas has been performing on an annual basis:
|Revenue ($) in millions||472.68||513.00||488.02||477.82||539.32|
|Diluted EPS ($)||-3.27||-1.22||-0.99||-0.60||5.99|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||117.47||130.82||136.29||127.48||145.01|
|Diluted EPS ($)||0.1337||0.25||0.07||0.01||5.671|
Carmike Cinemas has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)