Imax Q2 Adj EPS $0.26 Beats $0.17 Estimate, Sales $97.98M Beat $88.03M Estimate
Portfolio Pulse from saritha@benzinga.com
Imax reported Q2 earnings of $0.26 per share, beating the analyst consensus estimate of $0.17 by 52.94%. This is a 271.43% increase from the same period last year. The company also reported quarterly sales of $97.98 million, beating the analyst consensus estimate of $88.03 million by 11.30%. This is a 32.46% increase from the same period last year.
July 26, 2023 | 8:08 pm
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POSITIVE IMPACT
Imax reported strong Q2 earnings and sales, significantly beating analyst estimates. This positive financial performance could potentially boost the company's stock price in the short term.
Imax's Q2 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance. This positive news is likely to be well received by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100