Earnings GrowthEarnings growth was impressive, clocking in at approximately 6%, excluding prior-year deferral collections.
Industry OutlookThe outlook is promising for the movie industry, with expectations of about 10% growth over its 2024 outlook, representing the highest year of box office receipts since the pandemic.
Portfolio PositioningThe overall portfolio is better positioned to withstand a potential weakening economy and consumer spending pull-back, as the company offers drivable family entertainment options, with rent coverage significantly ahead of pre-pandemic levels.