Carmike Cinemas Inc. (NASDAQ:CKEC) – Stock analysts at Barrington Research issued their FY2016 earnings per share estimates for Carmike Cinemas in a report issued on Wednesday. Barrington Research analyst J. Goss expects that the brokerage will post earnings of $0.03 per share for the year.

Carmike Cinemas (NASDAQ:CKEC) last released its quarterly earnings results on Monday, November 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.16. Carmike Cinemas had a return on equity of 6.73% and a net margin of 0.72%. The company earned $209.70 million during the quarter, compared to analysts’ expectations of $205.63 million. During the same quarter in the prior year, the business posted ($0.19) earnings per share. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. ILLEGAL ACTIVITY WARNING: “Carmike Cinemas Inc. to Post FY2016 Earnings of $0.03 Per Share, Barrington Research Forecasts (CKEC)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2016/11/30/carmike-cinemas-inc-to-post-fy2016-earnings-of-0-03-per-share-barrington-research-forecasts-ckec.html.

Earnings History and Estimates for Carmike Cinemas (NASDAQ:CKEC)

Several other brokerages have also weighed in on CKEC. B. Riley reissued a “hold” rating and set a $32.75 price objective on shares of Carmike Cinemas in a report on Tuesday, November 1st. Zacks Investment Research raised Carmike Cinemas from a “strong sell” rating to a “hold” rating in a report on Monday, October 10th. Finally, Wedbush reissued a “neutral” rating and set a $33.00 price objective on shares of Carmike Cinemas in a report on Thursday, September 22nd. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. The stock has an average rating of “Hold” and a consensus price target of $30.83.

Carmike Cinemas (NASDAQ:CKEC) opened at 33.90 on Monday. The stock has a 50 day moving average price of $33.22 and a 200 day moving average price of $31.65. Carmike Cinemas has a 1-year low of $18.51 and a 1-year high of $34.53. The company has a market cap of $826.75 million, a PE ratio of 137.80 and a beta of 1.74.

ILLEGAL ACTIVITY WARNING: “Carmike Cinemas Inc. to Post FY2016 Earnings of $0.03 Per Share, Barrington Research Forecasts (CKEC)” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2016/11/30/carmike-cinemas-inc-to-post-fy2016-earnings-of-0-03-per-share-barrington-research-forecasts-ckec.html.

A number of institutional investors have recently modified their holdings of CKEC. Teacher Retirement System of Texas increased its position in shares of Carmike Cinemas by 14.0% in the second quarter. Teacher Retirement System of Texas now owns 3,437 shares of the company’s stock valued at $104,000 after buying an additional 423 shares during the last quarter. Barclays PLC increased its position in shares of Carmike Cinemas by 75.1% in the second quarter. Barclays PLC now owns 3,502 shares of the company’s stock valued at $106,000 after buying an additional 1,502 shares during the last quarter. BlackRock Inc. increased its position in shares of Carmike Cinemas by 247.7% in the second quarter. BlackRock Inc. now owns 5,028 shares of the company’s stock valued at $151,000 after buying an additional 3,582 shares during the last quarter. Pacad Investment Ltd. acquired a new position in shares of Carmike Cinemas during the second quarter valued at about $163,000. Finally, Ancora Advisors LLC acquired a new position in shares of Carmike Cinemas during the second quarter valued at about $211,000. Hedge funds and other institutional investors own 88.73% of the company’s stock.

About Carmike Cinemas

Carmike Cinemas, Inc is a motion picture exhibitor company. The Company owns and operates theatres and screens. Its theatres are equipped to provide digital cinema. It owns, operates or has an interest in approximately 280 theatres with over 2,940 screens located in over 40 states. In addition, it has approximately 260 theatres with over 1,090 screens equipped for three dimension (3-D).

5 Day Chart for NASDAQ:CKEC

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