Imax Q3 Adj. EPS $0.35 Beats $0.23 Estimate, Sales $103.90M Beat $100.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
Imax reported Q3 adjusted earnings of $0.35 per share, beating the analyst consensus estimate of $0.23 by 52.17%. This is an 800% increase from the same period last year. The company also reported quarterly sales of $103.90 million, beating the analyst consensus estimate of $100.72 million by 3.16%, a 51.12% increase from the same period last year.
October 25, 2023 | 11:39 am
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POSITIVE IMPACT
Imax's Q3 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance.
Imax's Q3 earnings and sales have significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100