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.

Earnings

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.

Past Earnings Performance

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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