Cinemark Hldgs Q3 GAAP EPS $0.61 Vs $(0.20) Last Year, Sales $874.80M Beat $847.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cinemark Hldgs (NYSE:CNK) reported Q3 earnings of $0.61 per share, a 405% increase from the same period last year. The company also reported quarterly sales of $874.80 million, beating the analyst consensus estimate of $847.28 million, a 34.50% increase from last year.
November 03, 2023 | 10:32 am
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Cinemark Hldgs reported strong Q3 earnings and sales, beating analyst estimates. This could positively impact the company's stock in the short term.
Cinemark Hldgs reported a significant increase in earnings and sales, exceeding analyst expectations. This strong financial performance is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100