News Formal

Cinemark stock climbs on 3Q earnings beat, boosted by a record July box office

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Cinemark enjoyed a third-quarter jump in admissions

Shares of Cinemark Holdings Inc. rallied 2.1% toward a fifth-straight gain in premarket trading Friday, after the movie-theater operator reported third-quarter earnings that were well above expectations, boosted by a jump in admissions, including a record domestic box office in July.

In a statement, Cinemark CNK, +1.63% said that its box office recovery “continued to surpass industry results.” Cinemark “remained the only major U.S. exhibitor to have achieved a meaningful increase in market share since the pandemic,” the company added. Cinemark swung to net income of $90.2 million, or 61 cents a share, from a loss of $24.5 million, or 20 cents a share, in the year-ago period. The FactSet consensus for earnings per share was 41 cents. Revenue grew 34.5% to $874.8 million, above the FactSet consensus of $845.6 million, as admissions revenue jumped 36.7% to $443.8 million and concession revenue increased 34.0% to $339.8 million.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Cinemark Stock Rises as Earnings Smash Expectations as Moviegoers ReturnThe movie-theater chain posted third-quarter earnings of 61 cents a share, while Wall Street called for 41 cents. Attendance rose 27.9% to 61.9 million.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Cinemark stock rises toward 5th-straight gain after earnings beat, boosted by a record July box officeTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »