Printer Friendly

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:

Quarter

Q1 2019

Q4 2018

Q3 2018

Q2 2018

Q1 2018

EPS Estimate

0.280

0.45

0.36

0.76

EPS Actual

0.280

0.31

0.43

0.7

0.53

Stock Performance

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.

Conference Call

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.

COPYRIGHT 2019 Accretive Capital LLC dba Benzinga.com
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Benzinga.com
Article Type:Financial report
Date:Aug 1, 2019
Words:460
Previous Article:Chevron's Q2 Earnings Preview.
Next Article:ITT Q2 Earnings Preview.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters