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Relatively High Future Earnings Growth Detected in Shares of Live Nation Ente in the Movies & Entertainment Industry (LYV, AMC, WWE, IMAX, CNK)

By James Quinn

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.

Live Nation Ente ranks highest with a future earnings growth of 498.3%. Following is Amc Entertainmen with a future earnings growth of 414.3%. World Wrestlin-A ranks third highest with a future earnings growth of 25.2%.

Imax Corp follows with a future earnings growth of 14.1%, and Cinemark Holding rounds out the top five with a future earnings growth of 11.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Amc Entertainmen on October 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $10.23. Since that call, shares of Amc Entertainmen have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest future earnings growth live nation ente amc entertainmen world wrestlin-a imax corp cinemark holding

Ticker(s): LYV AMC WWE IMAX CNK