Financial Data and Key Metrics Changes - North American industry box office reached $2.7 billion, up 1% year-over-year, marking the highest grossing quarter since the pandemic and nearing pre-pandemic levels [7][19] - Worldwide total revenue for Cinemark was $922 million, the highest third quarter revenue of all time, with adjusted EBITDA growing 12% to $221 million, the highest in company history [20][22][37] - Adjusted EBITDA margin expanded 140 basis points year-over-year to nearly 24% [22] Business Line Data and Key Metrics Changes - Domestic operations generated $741.4 million in revenue and $180.7 million in adjusted EBITDA, yielding a robust 24.4% adjusted EBITDA margin [42] - International segment delivered $180.4 million in revenue, with a 22.1% adjusted EBITDA margin, despite a 7% decline in attendance [44] Market Data and Key Metrics Changes - U.S. market share grew by 80 basis points year-over-year, benefiting from a content mix skewed towards family and horror films [39] - International market share increased despite a decline in attendance, indicating strong performance in market positioning [43] Company Strategy and Development Direction - Cinemark continues to focus on enhancing customer experience through strategic investments in high-quality assets, including reclined seating and premium formats [24][57] - The company is optimistic about future growth opportunities, particularly with a strong film slate expected in 2025 [32][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the industry's recovery, citing strong consumer enthusiasm for theatrical experiences and a robust film lineup [6][34] - The company anticipates a strong close to 2024 with major releases on the horizon, contributing to a positive outlook for 2025 [33][34] Other Important Information - Cinemark's loyalty program has over 21 million members, contributing approximately 25% of domestic box office revenue [27] - The company ended the quarter with $928 million in cash, positioning it well for future investments and debt repayments [53] Q&A Session Summary Question: Update on 2025 supply and streamer contributions - Management remains optimistic about a rebound in film volume for 2025, despite some shifts in content from streamers [64][65] Question: Concession cost sustainability - Concession costs were at a low percentage of revenue due to strategic pricing and favorable rebates, but inflationary pressures may affect future rates [66][67] Question: Concessions revenue from non-food items - Growth in merchandise sales is noted, with ongoing expansion in e-commerce channels contributing to revenue [69][70] Question: Market share performance drivers - Outperformance in market share attributed to a favorable mix of films and strategic initiatives [73][74] Question: M&A opportunities - Management is evaluating potential M&A opportunities as the industry rebounds, particularly in the U.S. market [75][78] Question: Movie Club pricing strategy - The company is focused on maintaining value for Movie Club members while considering pricing adjustments based on market conditions [82][84] Question: Capital allocation strategy - Management is reevaluating capital allocation priorities, including dividends and buybacks, as part of the 2025 budgeting process [87][88]

For the quarter ended September 2024, Cinemark Holdings (CNK) reported revenue of $921.8 million, up 5.4% over the same period last year. EPS came in at $1.19, compared to $0.61 in the year-ago quarter.The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $891.75 million. With the consensus EPS estimate being $0.58, the EPS surprise was +105.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

Cinemark Holdings (CNK) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 105.17%. A quarter ago, it was expected that this movie theater owner would post earnings of $0.07 per share when it actually produced earnings of $0.32, delivering a surprise of 357.14%.Over the last four quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE | --- | --- | --- | --- | |--------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

Exhibit 99.1 CINEMARK® CINEMARK HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS Delivered record-high third quarter revenue of $922 million that grew 5% year-over-year Reported $189 million of net income and record-high third quarter Adjusted EBITDA of $221 million with a robust 23.9% Adjusted EBITDA margin Plano, TX, October 31, 2024 – Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and nine mo ...

Cinemark Holdings, Inc. (CNK) is scheduled to report third-quarter 2024 results on Oct. 31 before the opening bell. In the previous quarter, the company reported an earnings surprise of 357.1%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. How are Estimates for CNK Placed? The Zacks Consensus Estimate for third-quarter earnings is pegged at 56 cents per share, indicating a decline of 8.2% from 61 cents reported in the year-ago quarter. For revenues, the consensus mark is pegged a ...

Company Performance - Cinemark Holdings has shown a year-to-date performance increase of approximately 103.6%, significantly outperforming the average gain of 4.7% in the Consumer Discretionary sector [4] - The Zacks Consensus Estimate for Cinemark's full-year earnings has risen by 34.5% over the past quarter, indicating improved analyst sentiment and earnings outlook [3] Industry Context - Cinemark Holdings is part of the Leisure and Recreation Services industry, which consists of 31 individual stocks and currently ranks 75 in the Zacks Industry Rank [5] - The Leisure and Recreation Services industry has experienced an average gain of 10.5% this year, with Cinemark performing better than this average [5] Sector Ranking - The Consumer Discretionary sector, which includes Cinemark Holdings, ranks 8 in the Zacks Sector Rank, based on the average Zacks Rank of individual stocks within the sector [2] - Cinemark Holdings currently holds a Zacks Rank of 2 (Buy), indicating a favorable position among its peers [3]

Cinemark Holdings (CNK) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Oct ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Cinemark Holdings (CNK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. Cinemark Holdings is a member of the Consum ...

Have you been paying attention to shares of Cinemark Holdings (CNK) ? Shares have been on the move with the stock up 0.1% over the past month. The stock hit a new 52-week high of $29.15 in the previous session. Cinemark Holdings has gained 103.2% since the start of the year compared to the 0.2% move for the Zacks Consumer Discretionary sector and the 17.1% return for the Zacks Leisure and Recreation Services industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings ...