Cinemark Holdings (CNK) shares ended the last trading session 5.4% higher at $19.77. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.3% gain over the past four weeks.Shares of Cinemark jumped, after an analyst at Wells Fargo upgraded the company’s rating. Per the report, the analyst raised his rating from underweight to overweight, citing the many planned movies of the year. He believes that the Cinemark stock pr ...

Cinemark (NYSE: CNK) stock price has continued to trounce AMC this year. It has jumped by a whopping 42%, beating the S&P 500 and Nasdaq 100 indices, which are up by about 10%. Notably, Cinemark has completely diverged from AMC, which has bottomed to a record low amid a series of equity raises.Analysts are optimistic about AMC Copy link to section Cinemark share price has been in a strong bullish trend since December. It has jumped by 139%, making it one of the best-performing companies in Wall Street. The ...

Cinemark (NYSE:CNK) stock is in the news Friday after the movie theater chain was granted a rare double upgrade from Wells Fargo analyst Steven Cahall.The Wells Fargo analysts bumped shares of CNK stock up from an “underweight” rating to an “overweight” rating. That’s worth noting as the analysts’ consensus rating for CNK shares is hold based on 10 opinions.To go along with that upgrade, Cahall increased the firm’s price target for CNK stock from $13 per share to $23 per share. That’s a potential upside of ...

Wells Fargo doled out a double upgrade for Cinemark Holdings, Inc. (NYSE:CNK) to "overweight" from "underweight" and hiked its price target to $23 from $13. The analyst in question cited improved performance and strong demand. CNK is up 3.9% at $19.50 before the open.Today's pop has shares looking to open at their highest level since October and push above recent pressure near the $19 level. The equity bounced off the $17.60 floor earlier this month and so far this year has added 33.1%.Analysts are still sp ...

PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Tuesday, March 19: 36th Annual Roth MKM Investor Conference in Dana Point, CA Melissa Thomas, CFO, and Chanda Brashears, SVP Investor Relations 1:1 investor meetings Fireside chat at 10:30 am PT https://wsw.com/webcast/roth48/cnk/1672060 About Cinemark Holdings, Inc.: Cinemark Holdings, Inc ...

I wasn't at my local movie theater over the holiday weekend, and I'm guessing that you weren't, either. Domestic ticket sales clocked in at $92.3 million for the four-day holiday window, 45% lower than the industry's box-office receipts a year earlier. Based on the industry average admission price, less than 3% of the country went to a multiplex during the extended weekend.Things were far worse a week earlier when $29.1 million in tickets were sold. Super Bowl weekend can be challenging for exhibitors, but ...

For the quarter ended December 2023, Cinemark Holdings (CNK) reported revenue of $638.9 million, up 6.5% over the same period last year. EPS came in at -$0.15, compared to -$0.82 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $619.8 million, representing a surprise of +3.08%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being -$0.16.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Cinemark Holdings (CNK) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this movie theater owner would post earnings of $0.47 per share when it actually produced earnings of $0.61, delivering a surprise of 29.79%.Over the last four quarters, the comp ...

Cinemark Holdings, Inc. (NYSE:CNK) Q4 2023 Earnings Conference Call February 16, 2024 8:30 AM ET Company Participants Chanda Brashears - Senior Vice President, Investor Relations Sean Gamble - President and Chief Executive Officer Melissa Thomas - Chief Financial Officer Conference Call Participants Eric Handler - ROTH MKM David Karnovsky - JPMorgan Ben Swinburne - Morgan Stanley Mike Hickey - Benchmark Jim Goss - Barrington Research Omar Mejias - Wells Fargo Stephen Laszczyk - Goldman Sachs Operator Hello, ...

Cinemark Holdings Inc.’s stock CNK, +4.88% fell 1.8% early Friday, after the cinema operator’s fourth-quarter loss was wider than expected. Plano, Texas-based Cinemark posted a net loss of $18 million, or 15 cents a share, for the quarter, narrower than the loss of $99.3 million, or 82 cents a share, posted in the year-earlier period. Revenue rose 6.5% to $638.9 million. The FactSet consensus was for a loss of 7 cents and revenue of $620.0 million. Cinemark ended the quarter with 5,719 screens across the U ...