Regal Entertainment Group (NYS: RGC) reported earnings on Oct. 25. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 27 (Q3), Regal Entertainment Group missed estimates on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share dropped.
Gross margins grew, operating margins shrank, net margins increased.
Regal Entertainment Group reported revenue of $692.9 million. The 17 analysts polled by S&P Capital IQ expected to see net sales of $719.3 million on the same basis. GAAP reported sales were 6.8% lower than the prior-year quarter's $743.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.17. The 14 earnings estimates compiled by S&P Capital IQ anticipated $0.17 per share. GAAP EPS of $0.15 for Q3 were 6.3% lower than the prior-year quarter's $0.16 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 60.6%, 100 basis points better than the prior-year quarter. Operating margin was 11.2%, 10 basis points worse than the prior-year quarter. Net margin was 3.5%, 10 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $657.2 million. On the bottom line, the average EPS estimate is $0.12.
Next year's average estimate for revenue is $2.79 billion. The average EPS estimate is $0.83.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 149 members out of 196 rating the stock outperform, and 47 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give Regal Entertainment Group a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Regal Entertainment Group is outperform, with an average price target of $16.37.
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The article Fool Checkup: Regal Entertainment Group Earnings originally appeared on Fool.com.
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