Will Imax (IMAX) Beat Estimates Again in Its Next Earnings Report?

Group 1 - Imax has a strong history of beating earnings estimates, with an average surprise of 125% over the last two quarters [1] - In the most recent quarter, Imax reported earnings of $0.18 per share, exceeding the expected $0.06 per share, resulting in a surprise of 200% [1] - The previous quarter also saw a positive surprise, with actual earnings of $0.15 per share against an estimate of $0.10 per share, a surprise of 50% [1] Group 2 - There has been a favorable change in earnings estimates for Imax, with a positive Zacks Earnings ESP indicating potential for another earnings beat [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [2] Group 3 - Imax currently has an Earnings ESP of +2.26%, indicating analysts' growing bullish sentiment on its near-term earnings potential [3] - The next earnings report for Imax is expected to be released on October 30, 2024 [3]