Imax Corp reports results for the quarter ended in September - Earnings Summary

IMAX

25/10/2023 22:01

* Imax Corp  IMAX.N  reported quarterly adjusted earnings of
35
cents​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for earnings of
23 cents per share.
    * Revenue rose 51.1% to $103.90 million from a year ago;
analysts
expected $100.72 million. 
    * Imax Corp's reported EPS for the quarter was 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 69% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Imax Corp shares had fallen by 5.3% this quarter and
gained 24.8% so far this year.
    * The company reported quarterly net income of $11.99
million.
    * Wall Street's median 12-month price target for Imax Corp
is
$25.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.23           0.35           Beat
 Jun. 30 2023      0.16           0.26           Beat
 Mar. 31 2023      0.13           0.16           Beat
 Dec. 31 2022      0.20           0.19           Missed