Regal Entertainment Group (RGC) Tops Q1 EPS by 2c

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Regal Entertainment Group Reports Results for First Quarter 2016 and Declares Quarterly Dividend

April 28, 2016 4:06 PM EDT

KNOXVILLE, Tenn.--(BUSINESS WIRE)-- Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor, today announced first quarter 2016 results.

Total revenues for the first quarter ended March 31, 2016 were $787.1 million compared to total revenues of $691.3 million for the first quarter ended March 31, 2015. Net income attributable to controlling interest in the first quarter of 2016 was $40.7 million compared to $23.1 million for the first quarter of 2015. Diluted earnings per share was $0.26 for the first quarter of 2016 compared to $0.15 for the first quarter of 2015. Adjusted diluted earnings per share(1) was $0.27 for the first quarter of 2016 compared to... More