Cinemark Q2 Earnings Preview.
Byline: Benzinga Newsdesk
On Friday, August 2, Cinemark Hldgs (NYSE:CNK) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Sell-side analysts expect Cinemark's EPS to be near 78 cents on sales of $911.54 million.
Cinemark earnings in the same period a year ago was 70 cents. Quarterly sales came in at $889.05 million. If the company were to report inline earnings when it publishes results Friday, earnings would be up 11.43%. Revenue would be up 2.53% from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
Over the last 52-week period, shares of Cinemark are up 11.14%. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Cinemark stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Cinemark is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/p8rg7qrs
(c) 2019 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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|Article Type:||Financial report|
|Date:||Aug 1, 2019|
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