IMAX Corporation Reports First-Quarter 2016 Financial Results Highlights
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Wedbush Raises Price Target on IMAX Corp. (IMAX) Following a Strong 1Q Beat
April 22, 2016 7:45 AM EDTWedbush reiterated an Outperform rating on IMAX Corporation (NYSE: IMAX), and raised the price target to $40.00 (from $38.00), following the company's 1Q earnings report. Revenue was $92 million, above the consensus of $84 million, driven by nine theater upgrades in the quarter, along with solid domestic box... More
Possible Upside In 2Q16 For IMAX (IMAX) - Stifel
April 21, 2016 12:39 PM EDTStifel analyst, Ben Mogli, increased his IMAX (NYSE: IMAX) FY16 estimates on the stronger 1Q16 results as operating expense guidance was unchanged. Upside could come from the 2Q16 box office, and a shorter black out period in China.
The company continues to benefit from... More
IMAX Corp. (IMAX) Tops Q1 EPS by 7c
April 21, 2016 7:31 AM EDTIMAX Corp. (NYSE: IMAX) reported Q1 EPS of $0.22, $0.07 better than the analyst estimate of $0.15. Revenue for the quarter came in at $92.1 million versus the consensus estimate of $83.67 million.
2016 is off to an exceptional start for IMAX," said IMAX CEO Richard L. Gelfond. "The... More
