Friday, July 29, 2011

Regal Entertainment Reels in Greater Q2 Profit, Revenue

Regal Entertainment Group posted earnings and revenue gains during its second fiscal quarter ended July 1, surpassing Wall Street expectations.

The theater chain announced Tuesday net profits of $34.8 million -- up from $4.8 million in the same frame last year -- and earnings per share of $0.24, exceeding the prediction of $0.19.

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Source: http://www.thewrap.com/column-post/regal-entertainment-increases-profits-second-quarter-29565

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