Cineplex (OTCMKTS:CPXGF – Get Free Report) is projected to announce its results before the market opens on Friday, November 6th. Analysts expect the company to announce earnings of $0.2978 per share and revenue of $297.07 million for the quarter.
Cineplex Stock Performance
CPXGF opened at $9.52 on Wednesday. The stock’s 50 day simple moving average is $8.95 and its 200 day simple moving average is $8.23. Cineplex has a 1-year low of $6.78 and a 1-year high of $9.63.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on CPXGF shares. BMO Capital Markets reaffirmed a “market perform” rating on shares of Cineplex in a report on Wednesday, August 12th. Scotiabank reissued an “outperform” rating on shares of Cineplex in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Cineplex in a research report on Tuesday, September 15th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Cineplex presently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on CPXGF
About Cineplex
Cineplex Inc is a Canadian entertainment and media company best known for operating movie theatres across the country. Its cinemas offer theatrical film exhibition, premium viewing formats, food and beverage services, and other guest amenities. Cineplex also operates digital and in-theatre advertising businesses that connect brands with moviegoers and entertainment audiences.
Beyond traditional cinemas, the company’s activities include location-based entertainment and amusement venues, such as The Rec Room and Playdium.
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