Friday, May 11, 2007

Movie Gallery posts loss, sending shares lower

(Reuters) - Excluding a 58 cent per share charge to write off unamortized deferred financing fees related to Movie Gallery's senior credit facility, the company earned 11 cents per share.

Analysts on average had been expecting a profit of 53 cents a share, excluding items, according to Reuters Estimates.


Read more at Reuters.com Market News

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