Highest Future Earnings Growth in the Movies & Entertainment Industry Detected in Shares of Carmike Cinemas (CKEC, RENT, LGF, WWE, IMAX)
Below are the three companies in the Movies & Entertainment industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
Carmike Cinemas ranks highest with a future earnings growth of 89.5%. Following is Rentrak with a future earnings growth of 69.3%. Lions Gate Entertainment ranks third highest with a future earnings growth of 46.5%.
World Wrestling Entertainment follows with a future earnings growth of 42.8%, and Imax rounds out the top five with a future earnings growth of 17.4%.
SmarTrend recommended that subscribers consider buying shares of Carmike Cinemas on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.17. Since that recommendation, shares of Carmike Cinemas have risen 18.6%. We continue to monitor Carmike Cinemas for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest future earnings growth carmike cinemas rentrak Lions Gate Entertainment world wrestling entertainment