Page 25 - Eric Wold News Today

Operator Greetings and welcome to the MarineMax Fiscal First Quarter 2021 Earnings Conference Call. [Operator Instructions] It is now my pleasure to turn the call over to Dawn Francfort, Head of Investor Relations. Please go ahead. Dawn Francfort -- Head of Investor Relations Thank you, operator. Good morning everyone and thank you for joining this discussion of MarineMax fiscal first Quarter 2021 Conference Call. Im sure that youve all received a copy of the press release that went out this m...

Studios Hold Out Hope for Theaters’ Return to Normalcy Jackie Strause Studios Hold Out Hope for Theaters’ Return to Normalcy Illustration by Jan Feindt Despite more delays, don’t expect Hollywood studios to abandon ship and offload their most precious cargo — event tentpoles. They’re still willing to wait for a proper theatrical run, and are hopeful that COVID-19 vaccines may calm the waters and allow moviegoing to resume in earnest by fall, if not late summer. Throug...

Movie Theaters Predicted to Rebound Big at the Box Office, But Not Until 2023 Share Movie Theaters Predicted to Rebound Big at the Box Office, But Not Until 2023 Industry analyst Eric Wold believes movie theaters will, eventually, rebound, even if it takes a few years. The good news for lovers of the cinematic experience? A trusted industry analyst believes that movie theaters will rebound to record levels. The bad news? This probably wont happen until 2023. But that does mean, perhaps, there i...

Cinemark theater B. Riley Securities analyst Eric Wold also doubles his stock price target and predicts "attendance should return to 2019 levels by 2023." B. Riley Securities analyst Eric Wold on Friday upgraded his rating on shares of cinema giant Cinemark from "neutral" to "buy" and doubled his stock price target to $28, predicting "attendance should return to 2019 levels by 2023." Following a chat this week with Cinemark CEO Mark Zoradi, CFO and COO Sean Gamble and Chanda Brashears, vp of i...

Jordano53/Wikimedia commons; Courtesy of Marcus Theatres. While shutdowns are saddling exhibition giants like AMC and Cinemark with rent expenses in addition to lost revenue, Marcus Theatres — the fourth-largest circuit in the U.S. — owns real estate behind the majority of its screens and could even be a buyer. Movie theater chains are staring down an unprecedented crisis, as pandemic shutdowns are forcing operators in some areas to close while awaiting local authorities’ COVID-19 guidan...

Theatres look to Bond and Black Widow to spark 2021 moviegoing

Movie theatre operators, after a year of dismal ticket sales during the pandemic, are hoping a line-up of superheroes, fighter pilots and cinema’s most famous spy will help them stage a comeback in 2021. Roughly two-thirds of theatres remain shut in the United States and Canada, normally the world’s largest film market. Box office receipts in 2020 plunged 80 per cent from a year earlier. But theatre owners and industry analysts see reason for optimism as COVID-19 vaccines roll out and James...

Box office receipts in 2020 plunged 80% from a year earlier.

LOS ANGELES, Jan 1 — Movie theatre operators, after a year of dismal ticket sales during the pandemic, are hoping a lineup of superheroes, fighter pilots and cinema’s most famous spy will help them stage a comeback in 2021. Roughly two-thirds of theatres remain shut in the United States and...

Theaters look to Scarlett Johanssons Black Widow to spark 2021 moviegoing By Friday Jan 01, 2021 Movie theater operators, after a year of dismal ticket sales during the pandemic, are hoping a lineup of superheroes, fighter pilots and cinema’s most famous spy will help them stage a comeback in 2021. Roughly two-thirds of theaters remain shut in the United States and Canada, normally the world’s largest film market. Box office receipts in 2020 plunged 80% from a year earlier. But theater ow...