Cinemark Holdings (CNK) reported $734.2 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 22.1%. EPS of $0.32 for the same period compares to $0.80 a year ago. The reported revenue represents a surprise of +5.91% over the Zacks Consensus Estimate of $693.22 million. With the consensus EPS estimate being $0.07, the EPS surprise was +357.14%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to d ...

Cinemark Holdings (CNK) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 357.14%. A quarter ago, it was expected that this movie theater owner would post a loss of $0.21 per share when it actually produced earnings of $0.19, delivering a surprise of 190.48%. Over the last four quarter ...

| --- | --- | --- | |----------------|-------|-------| | | | | | Investor | | | | Presentation | | | | August 2, 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Forward Looking Statements CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS PURSUANT TO THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: This presentation contains, and our officers and representatives may from time to time make, "forward–looking statements" within the meaning of the safe harbor provisions of ...

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 June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | --- | |--------------------------|-------------------------------------------------------------------------------------------------------------------------------------------|------- ...

Exhibit 99.1 CINEMARK HOLDINGS, INC. REPORTS SECOND QUARTER 2024 RESULTS Delivered Total Revenue of $734 million, Net Income of $47 million, and Adjusted EBITDA of $142 million with a strong 19.4% Adjusted EBITDA margin Continued to significantly strengthen the balance sheet while pursuing strategic and financially accretive investments Plano, TX, August 2, 2024 – Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. Marcus (MCS) , another stock in the Zacks Leisure and Recreation Services industry, is expected to report earnings per share of $0.03 for the quarter ended June 2024. This estimate points to a year-over-year change of -91.4%. Revenues for ...

The movie theater industry may be struggling right now, but Wall Street sentiment may be shifting toward one company. Cinemark Holdings (NYSE:CNK) stock is in the green today after receiving an upgrade and increased price target. Analyst Eric Wold of B. Reilly Financial recently increased his CNK stock price target from $16 to $27 and upgraded his rating from a "neutral" to a "buy." Shares are rising today as the company garners momentum from this positive take. And Wold isn't the only expert who has expres ...

Shares of Cinemark jumped, after an analyst at Roth MKM upgraded the company's rating. Optimism is fueled by anticipated improvements in box office performance driven by a strong lineup of blockbuster releases and the company's strategic debt reduction plans. Furthermore, the potential reintroduction of capital returns, such as dividends or share buybacks, after debt reduction and achieving optimal leverage levels, enhances investor confidence. For Cinemark, the consensus EPS estimate for the quarter has be ...

Loading... Movie theater company Cinemark Holdings Inc CNK gets upgraded by an analyst as several box office releases are showing strength for the movie industry in recent weeks. Loading... The analyst said Cinemark's strength can be shown with box office improvement, debt reduction plans, and a reintroduction of capital returns. Handler calls Cinemark's valuation attractive, with the company trading at under 6x estimated 2025 EBITDA and a 10% free cash flow yield. "We are increasingly optimistic about upco ...