Cinemark Hldgs Q2 EPS $0.80 Beats $0.54 Estimate, Sales $942.30M Beat $880.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cinemark Hldgs (NYSE:CNK) reported Q2 earnings of $0.80 per share, beating the analyst consensus estimate of $0.54 by 48.15%. This is a 370.59% increase over earnings of $0.17 per share from the same period last year. The company also reported quarterly sales of $942.30 million, beating the analyst consensus estimate of $880.32 million by 7.04%. This is a 26.64% increase over sales of $744.10 million the same period last year.
August 04, 2023 | 3:01 pm
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Cinemark Hldgs reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Cinemark Hldgs reported Q2 earnings and sales that beat analyst estimates, which is typically a positive signal for the stock. The significant YoY increases in both earnings and sales also indicate strong performance.
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