Core Viewpoint - Imax shares have experienced significant growth, with a 22.9% increase over the past month and a 67.7% rise since the beginning of the year, outperforming both the Zacks Consumer Discretionary sector and the Film and Television Production and Distribution industry [1][2]. Financial Performance - Imax has consistently exceeded earnings expectations, reporting an EPS of $0.35 against a consensus estimate of $0.22 in its latest earnings report on October 30, 2024, although it missed revenue estimates by 2.88% [2]. - For the current fiscal year, Imax is projected to achieve earnings of $1.10 per share on revenues of $379.09 million, reflecting a 17.02% increase in EPS and a 1.13% increase in revenues. The next fiscal year forecasts earnings of $1.24 per share on $415.91 million in revenues, indicating year-over-year changes of 12.6% and 9.71%, respectively [3]. Valuation Metrics - Imax's current valuation metrics show a trading multiple of 22.9X current fiscal year EPS estimates, slightly above the peer industry average of 22.5X. The trailing cash flow multiple stands at 14.3X compared to the peer group's average of 8.9X, and the PEG ratio is 1.14, suggesting it is not among the top value stocks [7]. - The stock has a Value Score of C, a Growth Score of B, and a Momentum Score of D, resulting in a combined VGM Score of B [6]. Zacks Rank - Imax holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts, indicating a positive outlook for the stock [8][9].

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JPMorgan has unveiled his latest picks for short positions, flagging three stocks — IMAX Corp IMAX, ZIM Integrated Shipping Services Ltd ZIM, and H.B. Fuller Company FUL— as potential downside plays. Each faces unique headwinds, with challenging market dynamics and heightened financial strain.Here’s why these stocks are under the microscope for short-sellers.IMAX: The Big Screen, But Smaller Numbers?While IMAX has been a leader in high-end cinematic experiences, analyst David Karnovsky is cautious. Despite ...

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Have you been paying attention to shares of Imax (IMAX) ? Shares have been on the move with the stock up 27.8% over the past month. The stock hit a new 52-week high of $25.28 in the previous session. Imax has gained 64.7% since the start of the year compared to the 7.9% move for the Zacks Consumer Discretionary sector and the 9.7% return for the Zacks Film and Television Production and Distribution industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it ...

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IMAX Corporation (IMAX) reported third-quarter 2024 adjusted earnings of 35 cents per share, which beat the Zacks Consensus Estimate by a whopping 59% and remained flat year over year.Total revenues of $91.4 million missed the Zacks Consensus Estimate by 2.88% and decreased 12% year over year. Greater China is the Company’s largest market by revenues, with approximately 25% of overall revenues generated from its Greater China operations for the nine months ended Sept. 30, 2024. Greater China accounted for 2 ...

Imax (IMAX) reported $91.45 million in revenue for the quarter ended September 2024, representing a yearover-year decline of 12%. EPS of $0.35 for the same period compares to $0.35 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $94.16 million, representing a surprise of -2.88%. The company delivered an EPS surprise of +59.09%, with the consensus EPS estimate being $0.22. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

IMAX Corporation (NYSE:IMAX) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Jennifer Horsley - Head-Investor Relations Richard Gelfond - Chief Executive Officer Natasha Fernandes - Chief Financial Officer Conference Call Participants Eric Handler - Roth Capital Chad Beynon - Macquarie David Karnovsky - JP Morgan Omar Mejias - Wells Fargo David Joyce - Seaport Research Partners Patrick Sholl - Barrington Research Stephen Laszczyk - Goldman Sachs Mike Hickey - The Benchmark ...

分组1 - Imax reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, with an earnings surprise of 59.09% [1] - The company posted revenues of $91.45 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.88%, and down from $103.9 million year-over-year [2] - Imax shares have increased approximately 39.8% year-to-date, outperforming the S&P 500's gain of 22.3% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.44 on revenues of $122.02 million, and for the current fiscal year, it is $0.99 on revenues of $384.25 million [7] - The Zacks Industry Rank for Film and Television Production and Distribution is in the bottom 25% of over 250 Zacks industries, indicating potential challenges for stock performance [8] 分组3 - Imax has surpassed consensus EPS estimates in all four of the last quarters, while it has topped consensus revenue estimates twice during the same period [2] - The estimate revisions trend for Imax is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6]