Imax Corp expected to post earnings of 5 cents a share - Earnings Preview

IMAX

24/02/2024 01:11

* Imax Corp  IMAX.N   IMAX.K  is expected to show a fall in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Mississauga Ontario-based  company is expected to
report a
12.4% decrease in revenue to $85.864 million from $98.05 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 Imax Corp is for
earnings of 5
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Imax Corp
is
$22.00​, above​ its last closing price of $15.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.23        0.23       0.35      Beat    55.3
 Jun. 30 2023  0.16        0.16       0.26      Beat    64.6
 Mar. 31 2023  0.13        0.13       0.16      Beat    21​
 Dec. 31 2022  0.19        0.20       0.19      Missed  -5.8
 ​​Sep.        0.05        0.03       -0.05     Missed  -287.5
 30 2022                                                
 Jun. 30 2022  0.11        0.12       0.07      Missed  -41.5​
 Mar. 31 2022  -0.05       -0.05      -0.14     Missed  -202.7
 Dec. 31 2021  0.16        0.14       0.31      Beat    122.8
 This summary was machine generated February 24 at 01:11 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)