IMAX (NYSE:IMAX – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
IMAX (NYSE:IMAX – Get Free Report) last posted its earnings results on Tuesday, February 27th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.12. The firm had revenue of $86.02 million during the quarter, compared to the consensus estimate of $85.83 million. IMAX had a net margin of 6.76% and a return on equity of 9.59%. The company’s revenue was down 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.05 EPS. On average, analysts expect IMAX to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
IMAX Stock Performance
IMAX opened at $17.15 on Tuesday. The firm has a 50 day moving average price of $16.19 and a 200 day moving average price of $16.09. The company has a market cap of $908.09 million, a PE ratio of 37.28, a price-to-earnings-growth ratio of 1.52 and a beta of 1.25. IMAX has a 1 year low of $13.20 and a 1 year high of $21.82.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on IMAX
Insiders Place Their Bets
In other news, VP Robert D. Lister sold 25,000 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $16.87, for a total transaction of $421,750.00. Following the completion of the transaction, the vice president now directly owns 138,889 shares in the company, valued at approximately $2,343,057.43. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 24.33% of the stock is owned by company insiders.
About IMAX
IMAX Corporation, together with its subsidiaries, operates as a technology platform for entertainment and events worldwide. The company operates in two segments, Content Solutions and Technology Products and Services. The company offers IMAX DMR, a proprietary technology that digitally remasters films and other content into IMAX formats for distribution to the IMAX network; IMAX Enhanced that provides end-to-end technology across streaming content and entertainment devices at home; and SSIMWAVE, an AI-driven video quality solutions for media and entertainment companies.
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