NEW YORK (TheStreet) -- Regal Entertainment (RGC) posted earnings and revenue that surpassed analysts' estimates for the 2016 third quarter on Thursday.

After today's market close, the Knoxville, TN-based movie theater operator reported adjusted earnings of 29 cents per diluted share, above analysts' forecasts of 26 cents per share.

Revenue for the quarter was $811.5 million, higher than Wall Street's projections of $791.7 million, according to FactSet.

"Our continued focus on delivering a premium movie-going experience to our patrons coupled with record industry box office revenue drove meaningful growth, market share gains and solid operating results for Regal in the third quarter," CEO Amy Miles said in a statement.

Additionally, the company declared a cash dividend of 22 cents per share. The dividend is payable on December 15 to stockholders of record on December 5.

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Shares of Regal were slightly higher in after-hours trading today.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C+ on the stock.

Among the primary strengths of the company is its solid stock price performance. But the team also finds weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: RGC

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