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Motion picture exhibitor giant $CNK reported higher 1Q16 results, helped by a strong growth in its admissions business. The company reported earnings of $58.5MM, or $0.50 per share for the latest reported quarter, compared to $42.5MM, or $0.37 per share for the year ago period. Revenue rose 9.2% to $704.9MM with admissions revenue rising 9%.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.