Recap: Cinemark Hldgs Q3 Earnings

Recap: Cinemark Hldgs Q3 Earnings

Cinemark Hldgs CNK reported its Q3 earnings results on Friday, November 4, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Cinemark Hldgs missed estimated earnings by 42.86%, reporting an EPS of $-0.2 versus an estimate of $-0.14.

Revenue was up $215.58 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 13.44% drop in the share price the next day.

Here's a look at Cinemark Hldgs's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.23 -0.56 -0.13 -0.57
EPS Actual 0.17 -0.62 0.05 -0.65
Revenue Estimate 733.49M 460.38M 601.29M 442.52M
Revenue Actual 744.10M 460.50M 666.63M 434.82M

To track all earnings releases for Cinemark Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings