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

Cinemark Holdings

05/05/2023 14:31

* Cinemark Holdings Inc  CNK.N  reported a quarterly
adjusted loss
of 3 cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 30 cents per share.
    * Revenue rose 32.6% to $610.70 million from a year ago;
analysts
expected $566.39 million. 
    * Cinemark Holdings Inc's reported EPS for the quarter was a
loss
of 3 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Cinemark Holdings Inc shares had risen by 11.6% this
quarter and
gained 90.6% so far this year.
    * The company reported a quarterly loss of $3.1 million.
    * Wall Street's median 12-month price target for Cinemark
Holdings
Inc is $18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.30          -0.03          Beat
 Dec. 31 2022      -0.21          -0.82          Missed
 Sep. 30 2022      -0.14          -0.20          Missed
 Jun. 30 2022      0.22           -0.61          Missed