UPDATE: Barrington Lowers PT on Carmike Cinemas on Negative Q1 EPS and Higher Expenses
May 14, 2013 at 15:58 PM EDT
In a report published Tuesday, Barrington Research analyst James C. Goss reaffirmed an outperform rating on Carmike Cinemas Inc. (NASDAQ: CKEC ) and lowered the price target from $25.00 to $21.00. In the report, Goss reported, "First quarter adjusted EPS of $(0.20) were significantly below our $0.08 estimate. Our