These Analysts Boost Their Forecasts On Imax After Q2 Results
Portfolio Pulse from Avi Kapoor
IMAX Corporation (NYSE:IMAX) reported better-than-expected Q2 results, with EPS of 18 cents beating the consensus estimate of 7 cents and sales of $88.96 million surpassing the $76.01 million estimate. Analysts have raised their price targets for IMAX following the strong performance.
July 26, 2024 | 5:20 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
IMAX Corporation reported strong Q2 results, beating both EPS and sales estimates. Analysts have raised their price targets, reflecting increased confidence in the company's future performance. Shares rose 3.1% following the announcement.
IMAX's better-than-expected Q2 results and raised price targets from multiple analysts indicate strong future performance. The 3.1% increase in share price reflects positive market sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100