Cinemark Holdings Inc reports results for the quarter ended in June - Earnings Summary

Cinemark Holdings

04/08/2023 14:32

* Cinemark Holdings Inc  CNK.N  reported quarterly adjusted
earnings of 80 cents​​ per share for the quarter ended in June.
The mean expectation of eleven analysts for the quarter was
for earnings of 55 cents per share.
    * Revenue rose 26.6% to $942.30 million from a year ago;
analysts
expected $869.23 million. 
    * Cinemark Holdings Inc's reported EPS for the quarter was
80
cents​.
    * The mean earnings estimate of analysts had risen by
about 24.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Cinemark Holdings Inc shares had risen by 5.0% this
quarter and
gained 100.0% so far this year.
    * The company reported quarterly net income of $119.1
million.
    * Wall Street's median 12-month price target for Cinemark
Holdings
Inc is $18.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.55           0.80           Beat
 Mar. 31 2023      -0.30          -0.03          Beat
 Dec. 31 2022      -0.21          -0.82          Missed
 Sep. 30 2022      -0.14          -0.20          Missed