Cinemark Holdings (CNK) Misses Q3 EPS by 23c, Revenues Beat

Cinemark Holdings (NYSE: CNK) reported Q3 EPS of $0.27, $0.23 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $821.8 million versus the consensus estimate of $811.06 million.

“Our third quarter’s record worldwide revenues were fueled by strength in both our domestic and international operations,” stated Mark Zoradi, Cinemark’s Chief Executive Officer. “In addition to the film content that resonated extremely well with our global audiences, we benefited from the continued focus and execution of our guest-oriented strategic priorities. We continue to believe the investments we are making to differentiate and enrich the overall entertainment experience we provide our guests will further position Cinemark for long-term success.”

For earnings history and earnings-related data on Cinemark Holdings (CNK) click here.

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