Cinemark Hldgs: Q1 Earnings Insights

Cinemark Hldgs CNK reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

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

Cinemark Hldgs beat estimated earnings by 90.0%, reporting an EPS of $-0.03 versus an estimate of $-0.3.

Revenue was up $150.20 million from the same period last year.

Last quarter the company missed on EPS by $0.61 which was followed by a 1.38% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.21	-0.14	0.23	-0.56
EPS Actual	-0.82	-0.20	0.17	-0.62
Revenue Estimate	609.94M	616.87M	733.49M	460.38M
Revenue Actual	599.70M	650.40M	744.10M	460.50M

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.

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