Cinemark (CNK) Reports Q2 Earnings: What Key Metrics Have to Say
CNKCinemark(CNK) ZACKS·2024-08-02 22:35

Cinemark Holdings (CNK) reported 734.2millioninrevenueforthequarterendedJune2024,representingayear−over−yeardeclineof22.1734.2 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 22.1%. EPS of 0.32 for the same period compares to 0.80ayearago.Thereportedrevenuerepresentsasurpriseof+5.910.80 a year ago.The reported revenue represents a surprise of +5.91% over the Zacks Consensus Estimate of 693.22 million. With the consensus EPS estimate being $0.07, the EPS surprise was +357.14%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...