Imax Corp expected to post earnings of 7 cents a share - Earnings Preview

IMAX

23/07/2024 17:49

* Imax Corp  IMAX.N   IMAX.K  is expected to show a fall in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Mississauga Ontario-based  company is expected to
report a
22.4% decrease in revenue to $76.012 million from $97.98 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 7
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
$23.00​, above​ its last closing price of $17.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.10        0.10       0.15      Beat    54.8
 Dec. 31 2024  0.04        0.05       0.17      Beat    242.5
 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.        0.13        0.13       0.16      Beat    21
 31 2023                                                
 Dec. 31 2022  0.19        0.20       0.19      Missed  -5.8​
 Sep. 30 2022  0.05        0.03       -0.05     Missed  -287.5
 Jun. 30 2022  0.11        0.12       0.07      Missed  -41.5
 This summary was machine generated July 23 at 16:49 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)