Cinemark Holdings Inc expected to post a loss of 20 cents a share - Earnings Preview

Cinemark Holdings

30/04/2024 14:17

* Cinemark Holdings Inc  CNK.N   CNK  is expected to show a
fall
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Plano Texas-based  company is expected to report a
8.2% decrease in revenue to $560.377 million from $610.7 million
a year ago, according to the mean estimate from 10 analysts,
based on LSEG data. (Sales/Revenue Majority Basis is on Total
Revenue)
    * ​LSEG's mean analyst estimate for Cinemark Holdings Inc is
for a
loss of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Cinemark
Holdings
Inc is $21.00​, above​ its last closing price of $17.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.18       -0.13      -0.15     Missed  -13.7
 Sep. 30 2023  0.49        0.42       0.61      Beat    46.1
 Jun. 30 2023  0.57        0.55       0.80      Beat    44.8​
 Mar. 31 2023  -0.30       -0.30      -0.03     Beat    90
 ​​Dec.        -0.26       -0.21      -0.82     Missed  -293.3
 31 2022                                                
 Sep. 30 2022  -0.13       -0.14      -0.20     Missed  -43.5​
 Jun. 30 2022  0.20        0.22       -0.61     Missed  -379.6
 Mar. 31 2022  -0.61       -0.61      -0.62     Missed  -2
 This summary was machine generated April 30 at 13:16 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)