Cinemark Hldgs (NYSE: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.
