Carmike Cinemas (CKEC) reported a much-improved fourth quarter yesterday after the bell. Total revenue increased 17%. The bottom line recorded 48 cents per share in terms of income from continuing operations. This compares to a loss of $2.75 per share in the relevant period.

According to Reuters, the net income figure completely obliterated the analysts. The call was for 9 cents per share. I don't think there was any question that the theater chain was going to beat. As management stated in the release, the multiplex industry generated incredible business in Q4.

Continue reading Carmike Cinemas Soars Past Expectations

Carmike Cinemas Soars Past Expectations originally appeared on BloggingStocks on Tue, 02 Mar 2010 09:30:00 EST. Please see our terms for use of feeds.

How about a nice romantic comedy on Valentine's Day? Carmike Cinemas (CKEC) and operates a total of about 250 movie houses in the U.S. and is a frontrunner to capitalize on the movie spending that is sure to be strong on Sunday.

The company saw a nice boost after the recent blockbuster Avatar hit the silver screen and should keep that momentum going through the coming months.

Next: Steak 'n Shake (SNS)

At the time of this writing, Louis Navellier did not own shares of CKEC in personal or client portfolios.

Valentine's Day Stock #7: Carmike Cinemas (CKEC) originally appeared on BloggingStocks on Sun, 14 Feb 2010 10:00:00 EST. Please see our terms for use of feeds.

Valentine's Day may be a commercialized holiday to some, but there's no denying that its big business. And this coming Valentine's Day may be extra sweet since it falls on a Sunday, making it a great excuse for a romantic night out. In fact, total Valentine's Day spending is expected to reach $17.6 billion this year, up 3.3% over 2009, according to consumer spending researchers at IBISWorld.

That's a big payday, and one that investors should be paying attention to.

Continue reading Ten Valentine's Day Stocks to Love (and 10 to Hate)

Ten Valentine's Day Stocks to Love (and 10 to Hate) originally appeared on BloggingStocks on Sat, 13 Feb 2010 09:00:00 EST. Please see our terms for use of feeds.

Mark Cuban discloses stake in Carmike Cinemas originally appeared on BloggingStocks on Mon, 29 Dec 2008 14:30:00 EST. Please see our terms for use of feeds.

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Analyst inititations: NWS, LLNW, GLW and CKEC originally appeared on BloggingStocks on Thu, 20 Sep 2007 11:00:00 EST. Please see our terms for use of feeds.