Monday, Carmike Cinemas Inc. (CKEC) reported a fourth-quarter net loss available to common stockholders of $34.6 million or $2.73 per share, compared to $68.3 million or $5.40 per share in the same quarter last year.
On an adjusted basis, net income was $1.7 million, compared to an adjusted net loss of $4.9 million in the year ago quarter.
On average, four analysts polled by Thomson Reuters expected the company to report a loss of $0.18 per share for the quarter. Analysts' estimates typically exclude special items.
Total operating revenues increased to $117.4 million from $115.7 million in the comparable quarter last year. Analysts expected the company to report revenue of $115.48 million for the quarter.
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