Q3 Earnings Outlook For Cinemark

Don't be caught off-guard: Cinemark Hldgs CNK releases its next round of earnings this Tuesday, November 5.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Tuesday's Q3 earnings announcement before the bell.

Earnings and Revenue

Analysts expect Cinemark earnings of 50 cents per share. Revenue will likely be around $810.48 million, according to the consensus estimate.

In the same quarter last year, Cinemark reported EPS of 43 cents on revenue of $754.24 million. If the company were to post earnings inline with the consensus estimate when it reports Tuesday, EPS would be up 16.28%. Revenue would be up 7.46% on a year-over-year basis. The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2019 Q1 2019 Q4 2018 Q3 2018
EPS Estimate 0.780 0.280 0.45 0.36
EPS Actual 0.860 0.280 0.31 0.43

Stock Performance

Over the last 52-week period, shares are down 12.85%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Cinemark stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.

Conference Call

Cinemark is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: https://ir.cinemark.com/news-events/ir-calendar/detail/7358/third-quarter-2019-earnings-conference-call

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