Regal Entertainment Group (RGC) to Release Earnings on Thursday
Regal Entertainment Group (NYSE:RGC) will release its Q313 earnings data on Thursday, October 24th. Analysts expect Regal Entertainment Group to post earnings of $0.28 per share and revenue of $796.23 million for the quarter.
Regal Entertainment Group (NYSE:RGC) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.05. The company had revenue of $842.00 million for the quarter, compared to the consensus estimate of $842.56 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 16.5% on a year-over-year basis. On average, analysts expect Regal Entertainment Group to post $0.95 EPS for the current fiscal year and $1.15 EPS for the next fiscal year.
Regal Entertainment Group (NYSE:RGC) traded up 0.28% on Wednesday, hitting $19.565. The stock had a trading volume of 226,619 shares. Regal Entertainment Group has a one year low of $13.27 and a one year high of $19.53. The stock’s 50-day moving average is $18.58 and its 200-day moving average is $17.83. The company has a market cap of $3.029 billion and a P/E ratio of 25.24.
A number of analysts have recently weighed in on RGC shares. Analysts at Hanson initiated coverage on shares of Regal Entertainment Group in a research note to investors on Monday, October 14th. They set a “neutral” rating on the stock. On the ratings front, analysts at Janney Montgomery Scott raised their price target on shares of Regal Entertainment Group from $20.50 to $21.00 in a research note to investors on Monday, October 7th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks upgraded shares of Regal Entertainment Group from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, October 2nd. They now have a $20.70 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $21.19.
Regal Entertainment Group (NYSE:RGC) is the parent company of Regal Entertainment Holdings, Inc (REH).
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