CEC Entertainment (CEC) to Release Earnings on Thursday
CEC Entertainment (NYSE:CEC) is scheduled to be posting its Q313 quarterly earnings results on Thursday, October 31st. Analysts expect CEC Entertainment to post earnings of $0.50 per share and revenue of $195.60 million for the quarter. CEC Entertainment has set its FY13 guidance at $2.90-3.05 EPS.Investors that wish to listen to the company’s conference call can do so using this link.
CEC Entertainment (NYSE:CEC) last announced its earnings results on Thursday, August 1st. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.09. The company had revenue of $191.90 million for the quarter, compared to the consensus estimate of $192.95 million. During the same quarter last year, the company posted $0.23 earnings per share. CEC Entertainment’s revenue was up 5.2% compared to the same quarter last year. On average, analysts expect CEC Entertainment to post $2.95 EPS for the current fiscal year and $3.25 EPS for the next fiscal year.
Shares of CEC Entertainment (NYSE:CEC) opened at 47.40 on Wednesday. CEC Entertainment has a 52 week low of $28.95 and a 52 week high of $45.66. The stock’s 50-day moving average is $42.24 and its 200-day moving average is $38.33. The company has a market cap of $803.8 million and a P/E ratio of 17.32.
A number of research firms have recently commented on CEC. Analysts at Zacks downgraded shares of CEC Entertainment from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 2nd. They now have a $49.70 price target on the stock. On the ratings front, analysts at Sidoti initiated coverage on shares of CEC Entertainment in a research note to investors on Wednesday, September 25th. They set a “buy” rating on the stock. Finally, analysts at Thomson Reuters/Verus downgraded shares of CEC Entertainment from a “buy” rating to a “hold” rating in a research note to investors on Monday, August 19th.
CEC Entertainment, Inc is engaged in the family dining and entertainment center business. The Company develops, operates and franchises family dining and entertainment centers under the name Chuck E.
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