Wall Street expects a year-over-year decline in earnings on lower revenues when Imax (IMAX) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 25. On the other ...

SAP SE (SAP) is slated to report first-quarter 2024 results on Apr 22.The Zacks Consensus Estimate for revenues is pegged at $8.73 billion, implying an improvement of 9.4% from the year-ago quarter’s reported figure. The consensus mark for earnings is pegged at $1.13 per share, indicating a decrease of 2.6% from the prior-year quarter.SAP reported fourth-quarter 2023 non-IFRS earnings per share (EPS) of €1.41, which increased 44% from the year-ago quarter. Total revenues on a non-IFRS basis of €8.468 billio ...

Investors might want to bet on Imax (IMAX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual investor ...

IMAX Corporation (IMAX) and IMAX China, along with Bona Film Group, have announced an expansion of their partnership with an agreement for three new state-of-the-art IMAX with Laser systems in China.These new locations will begin operation starting in 2026, reinforcing the surging demand among Chinese audiences and exhibitors for the IMAX Experience.The deal, announced at CinemaCon 2024 in Las Vegas, will bring the total number of IMAX locations with Bona Film Group to 36. It marks the first post-COVID agre ...

New Collaboration Marks IMAX's Largest Agreement for New Locations in India in Five Years LAS VEGAS, April 10, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and Miraj Cinemas today announced an exciting new partnership, agreeing to install three new state-of-the-art IMAX® with Laser systems at key locations across India. This deal marks the first-ever collaboration between the two companies and IMAX's largest expansion in India in five years. Miraj Cinemas will add three new IMAX systems to key locatio ...

Longstanding Partners Strike First Post-COVID Agreement as Chinese Moviegoing Continues to Surge LAS VEGAS and SHANGHAI, April 9, 2024 /PRNewswire/ -- Bona Film Group (SZ.001330) and IMAX Corporation (NYSE: IMAX), IMAX China (HKSE:1970) today announced an expansion of their partnership with an agreement for three new state-of-the-art IMAX® with Laser systems in China, set to begin operation starting in 2026. The announcement was made today at the annual CinemaCon 2024 exhibition conference in Las Vegas. IMA ...

New Agreement Furthers Rapid Expansion of IMAX across Southeast Asia LAS VEGAS, April 9, 2024 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) and Major Cineplex today announced plans to expand their partnership with an agreement for three new state-of-the-art IMAX® with Laser locations. The deal will add systems to key locations across Thailand, including one in the bustling area of Bang Kapi, Bangkok — set to open in 2024 — and two additional locations in Bangkok set to open in 2026 and 2027. The announcemen ...

Olympic Games Paris 2024's Spectacular Event on Paris' River Seine to be Presented across More Than 150 IMAX Screens Nationwide for the First Time Ever STAMFORD, Conn. and NEW YORK, March 22, 2024 /PRNewswire/ -- The NBC television network will extend its live coverage of the 2024 Paris Olympics Opening Ceremony to IMAX (NYSE: IMAX) locations nationwide on Friday, July 26 — the first time ever the global event will be presented live in IMAX, it was announced today. The plans for the Opening Ceremony are unl ...

A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024.Many of the world's greatest athletes will make their big-screen debut in IMAX theaters this summer.NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July 26 will play on more than 150 IMAX screens in the U.S.The Summer Olympics opening ceremony will be the first not held in a stadium. Instead, organizers will send Olympians down the River Seine on a four-mile-long ...

The Zacks Film and Television Production and Distribution industry is benefiting from a spike in demand for digital entertainment, fueled by limited capacity and operational limitations in movie theaters, theme parks and cruise lines. The increased consumption of media, music and news over the web, triggered by the work-and-learn-at-home wave, has been a key catalyst for industry participants like Warner Music Group (WMG) , News Corporation (NWSA) , Lions Gate Entertainment (LGF.A) and IMAX Corporation (IMA ...