1155 ET - Cineplex is enjoying a full slate of releases which are helping the box office numbers. TD Cowen's Derek Lessard says in a report that the May box office was solid thanks to strong line up of releases that is "more representative of the normal release cadence," as well as stronger consumer demand for the theatrical big screen experience. Lessard says that he maintains a positive outlook on the 2025 box office, which should in turn drive meaningful margin and free cash flow growth for Cineplex and push the share price closer to our C$16 target over time. Shares are down 0.1% at C$11.47, still 6% lower year-to-date but 55% higher over the last 52 weeks. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
June 10, 2025 11:55 ET (15:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。