Wedbush Upgrades Regal Entertainment (RGC) to Outperform

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Go back to Wedbush Upgrades Regal Entertainment (RGC) to Outperform

Regal Entertainment Group Reports Results for Fiscal Second Quarter 2015 and Declares Quarterly Dividend

July 30, 2015 4:01 PM EDT

KNOXVILLE, Tenn.--(BUSINESS WIRE)-- Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today announced fiscal second quarter 2015 results.

Total revenues for the second quarter ended June 30, 2015 were $862.8 million compared to total revenues of $770.3 million for the second quarter ended June 26, 2014. Net income attributable to controlling interest in the second quarter of 2015 was $53.4 million, which included a $3.6 million after-tax loss on extinguishment of debt, compared to $33.8 million in the second quarter of 2014, which included a $6.6 million after-tax loss on... More