Carmike Cinemas (CKEC) Tops Q4 EPS by 29c

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Wedbush Raises Price Target on Carmike Cinemas (CKEC) Following a Strong 4Q EPS Beat

March 2, 2016 8:56 AM EST

Wedbush reiterated an Outperform rating on Carmike Cinemas (NASDAQ: CKEC), and raised the price target to $34.00 (from $30.00), following the company's 4Q earnings report. Revenue was $221 million, beating consensus of $211 million. Adjusted EPS was $0.41, coming in way ahead of the consensus estimate of $0.12.

Analyst Michael... More