Cinemark (CNK) Q1 2024 Earnings Call Transcript
CNK earnings call for the period ending March 31, 2024.
Source: fool.com
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Cinemark Holdings, Inc. (NYSE:CNK) Q1 2024 Earnings Call Transcript
Cinemark Holdings, Inc. beats earnings expectations. Reported EPS is $0.19, expectations were $-0.21. Cinemark Holdings, Inc.
Source: insidermonkey.com
Cinemark Holdings, Inc. Reports First Quarter 2024 Results
Delivered Total Revenue of $579 million, Net Income of $25 million, and Adjusted EBITDA of $71 million with a 12.2% Adjusted EBITDA margin, demonstrating skillful navigation of dynamic operating...
Source: marketscreener.com
Are Cinema's Finally Bouncing Back? Cinemark's Q1 Profit Paints A Bright Picture - Cinemark Hldgs (NYSE:CNK)
Cinemark Holdings (CNK) reported Q1 2024 sales of $579.20M, beating analyst consensus of $560.38M. EPS of $0.19 beat consensus loss of $(0.20). Admissions and concession revenue decreased, but average ticket price and concession revenue per patron held steady. The company has plans to open new theaters and screens over the next two years. It generated $70.7M of adjusted EBITDA and held $788.6M in cash as of March 31, 2024. Despite a 3.81% premarket decrease, CNK stock has gained 4% in the last 12 months.
Source: benzinga.com
Cinemark Q1 Earnings on Lower Revenue
Movie cinema giant overall admissions box office revenues fall year Hollywood strike headwinds.
Source: hollywoodreporter.com