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'Avengers: Endgame' Helps Lift Imax Second-Quarter Earnings

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Marvel's AvengersEndgame helps lift Imax second-quarter earnings

Giant-screen exhibitor Imax posted higher second-quarter earnings Tuesday that beat analyst expectations.

The adjusted earnings per-share for the second quarter was 32 cents. That beat a Wall Street forecast of 28 cents in per-share earnings, according to FactSet. Imax's global box office grew to $364.9 million, up 6.5 percent from $343 million in 2018. The jump was driven by strong box office forshot entirely with Imax's cameras, and overall strength in Greater China, where Imax saw its box office grow 28.9 percent.

 

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