Shares of cinema operators rallied on Thursday, bouncing off the lows seen earlier this week on growing hopes they may receive a government bailout as one of the sectors that are being hard hit by the coronavirus that causes COVID-19.

The analysts covering IMAX Corporation (NYSE:IMAX) delivered a dose of negativity to shareholders today, by making a...

Imax (IMAX) delivered earnings and revenue surprises of -300.00% and -20.43%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Imax (IMAX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Richard Gelfond, IMAX CEO, joined Yahoo Finance's Myles Udland, Jen Rogers, Dan Roberts, and Andy Serwer to discuss the company's first quarter earnings report and his outlook for the movie theatre industry.

Moody's rating action reflects a base expected loss of 5.9% of the current pooled balance, compared to 4.7% at Moody's last review. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.

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Benchmark downgraded its rating on IMAX Corp. to hold from buy on Tuesday, citing concerns about the impact the coronavirus that causes COVID-19 is having on the company's financial performance. "The market environment remains implausibly challenging near-term, compliments of COVID-19 that has forced the closure of theaters in China, Europe and United States and/or negative influence movie patron frequency behavior within impacted regions," analyst Mike Hickey wrote in a note to clients. "President Trump's updated guidelines call for no groups bigger than 10, which could effectively close all domestic theaters, a guideline that could last until August." Hickey noted that Regal Theaters, which is owned by the UK's Cineworld has immediately announced it would close all of its cinemas on Tuesday, and said he expected other chains to follow. Movie theaters in multiple states including Connecticut, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania and Washington have been ordered to close, said Hickey. "We are cautious over increased film development/release delays as we have witnessed from both Hollywood studios and OTT providers from the growing necessity for social distancing," he wrote. IMAX shares were not yet active premarket, but have fallen 60% in the last 12 months, while the S&P 500 has fallen 15%.

Q1 2020 Imax Corp Earnings Call

"Trolls World Tour" skipped theatrical release and broke digital records. But while some movies might go straight to digital in the future, large blockbusters made for big screens aren’t going to skip theaters.

IMAX Corporation (NYSE:IMAX) today announced it will hold a quarterly conference call to discuss its first-quarter 2020 financial results on Thursday, April 30, at 8:30 a.m. Eastern Time.

Disney claimed 40% of the domestic box office last year, so its schedule rearrangement should help set the tone for the industry, analyst Eric Wold said.

Imax (IMAX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Sony Pictures Entertainment expands commitment to IMAX® Enhanced with hundreds of new titles.

IMAX earnings call for the period ending March 31, 2020.

Moody's rating action reflects a base expected loss of 5.9% of the current pooled balance, compared to 4.7% at Moody's last review. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.

The COVID-19 pandemic has brought the movie and theater industry to a halt, but Imax Corp (NASDAQ: IMAX) CEO Richard Gelfond said on Fox Business that the future of the movie industry is secure. What Happened Imax has a presence in more than 80 countries, and the reopening process for theaters will vary by country, Gelfond told Barron's editor Jack Otter in the interview.So far, the company has resumed operations in Hong Kong, Taiwan, and South Korea. As a precaution, everyone's temperature is taken and either seats or rows are intentionally empty.Rules and restrictions for North American reopenings have yet to be decided, he said. Most likely, the first steps will include diminished capacity and "go from there," the CEO said. Why It's Important Needless to say, empty seats or rows translate to lost revenue potential, but this could be mitigated through higher demand on weekdays as opposed to just over the weekend, Gelfond said.Social experiences have been around for "thousands of years," and the modern-day equivalent is people wanting to "experience blockbusters with their friends and feel like they are part of the movie," he said. "I don't really think the capacity utilization is going to be a big factor in the early going." What's Next The American people are tired of sitting at home, and when given a safe opportunity to do so, moviegoers will return to the theaters, Gelfond said. This is especially true for millennials and younger people, he said, adding that older folks are likely to change their habits."I'm dying to get off the couch," Gelfond said. "I like my streamed shows and I love my wife, but it's enough already. We need to go out."Related Links:NBCUniversal Releases Movies On-Demand Same Time As Theaters Due To CoronavirusAmazon Might Be Looking To Buy Struggling AMC Theaters: ReportPhoto by Jack Peterson via Wikimedia. See more from Benzinga * DraftKings CEO Calls Esports A 'Huge Growth Area' * As NYC Council Caps Third-Party Delivery Charges, Survey Predicts Looming 'Death Knell' For Restaurants * Activist Investor Nelson Peltz Says He Is Putting New Capital To Work(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Federal agencies and local governments announce restrictions on the number of people allowed to gather in one place as they work to contain the coronavirus that causes COVID-19.

In 2009 Rich Gelfond was appointed CEO of IMAX Corporation (NYSE:IMAX). This report will, first, examine the CEO...

Unfortunately for some shareholders, the IMAX (NYSE:IMAX) share price has dived 34% in the last thirty days. Indeed...