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Cinemark Holdings (CNK) Beats Q4 Earnings and Revenue Estimates

12:45pm, Friday, 25'th Feb 2022 Zacks Investment Research
Cinemark (CNK) delivered earnings and revenue surprises of 135.71% and 11.60%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cinemark: Q4 Earnings Snapshot

11:47am, Friday, 25'th Feb 2022 mySA
PLANO, Texas (AP) _ Cinemark Holdings Inc. (CNK) on Friday reported fourth-quarter net income of $5.7 million, after reporting a loss in the same period a year earlier. The Plano, Texas-based company said it had profit of 5 cents per share. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. The movie theater owner posted revenue of $666.6 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $597.4 million. For the year, the company reported that its loss narrowed to $422.8 million, or $3.55 per share. Revenue was reported as $1.51 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNK at https://www.zacks.com/ap/CNK
Shares of Cinemark Holdings Inc. shot up 3.7% in premarket trading Friday, after the movie theater operator swung to a surprise fourth-quarter profit, the first profit in eight quarters, as revenue rose nearly seven-fold to beat expectations by a wide margin. The company reported net income of $5.7 million, or 5 cents a share, the first profit since the fourth quarter of pre-pandemic 2019, after a loss of $239.3 million, or $2.03 a share, in the same period a year ago. The FactSet consensus was for a per-share loss of 13 cents. Revenue rose 578.6% to $666.6 million, well above the FactSet consensus of $601.3 million, as admission revenue of $345.0 million beat expectations of $325.2 million and concession revenue of $248.1 million topped forecasts of $228.0 million. "We are highly encouraged by recent favorable developments in the state of the virus, government restrictions and associated consumer sentiment regarding moviegoing," said Chief Executive Sean Gamble. The stock has gained 5.0% over the past three months, while the S&P 500 has lost 8.8%.
Cinemark press release (CNK): Q4 GAAP EPS of $0.05 beats by $0.19.Revenue of $666.7M (+578.6% Y/Y) beats by $68.63M.Adjusted EBITDA for the three months ended December 31, 2021…
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and twelve months ended December 31, 2021. Cinemark Holdings, Inc.’s total revenues for the three months ended December 31, 2021 increased 579% to $666.7 million compared with $98.2 million for the three months ended December 31, 2020. As a reminder, some of the Company’s theatres were closed for a portion of the three months ended D
The shares of Cinemark Holdings, Inc. (NYSE:CNK) are down 0.6% at $17.65 this morning, despite the movie theater company sharing a fourth-quarter profit of $0.05 per share, surprising analysts which e
Cinemark (CNK) delivered earnings and revenue surprises of 135.71% and 11.60%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Cinemark Holdings Inc. CNK, +6.61% shot up 3.7% in premarket trading Friday, after the movie theater operator swung to a surprise fourth-quarter profit, the first profit in eight quarters, a

Cinemark Q4 2021 Earnings Preview

04:11pm, Thursday, 24'th Feb 2022 Seeking Alpha
Cinemark (NYSE:CNK) is scheduled to announce Q4 earnings results on Friday, February 25th, before market open.The consensus EPS Estimate is -$0.12 (+94.1% Y/Y) and the consensus…

Should You Buy Cinemark (CNK) Ahead of Earnings?

03:23pm, Thursday, 24'th Feb 2022 Zacks Investment Research
Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

American Woodmark (AMWD) Q3 Earnings and Revenues Miss Estimates

12:55pm, Thursday, 24'th Feb 2022 Zacks Investment Research
American Woodmark (AMWD) delivered earnings and revenue surprises of -10.45% and 3.25%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Should You Buy Cinemark (CNK) Ahead of Earnings?

11:35am, Thursday, 24'th Feb 2022
Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

IMAX's Q4 Report: 3 Lessons for AMC and Cinemark Investors

09:26am, Thursday, 24'th Feb 2022 The Motley Fool
The maker of immersive cinema technology and related content smashed Wall Street's expectations. AMC and Cinemark investors should pay close attention to a few details.

IMAX''s Q4 Report: 3 Lessons for AMC and Cinemark Investors

09:26am, Thursday, 24'th Feb 2022 The Motley Fool
The maker of immersive cinema technology and related content smashed Wall Street''s expectations. AMC and Cinemark investors should pay close attention to a few details.
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