Upgrade to SI Premium - Free Trial

Cinemark Holdings (CNK) Misses Q2 EPS by 1c

August 4, 2017 6:32 AM

Cinemark Holdings (NYSE: CNK) reported Q2 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $751.2 million versus the consensus estimate of $748.92 million.

“We continue to be pleased with the consistency of our financial performance, including our second quarter’s global revenue growth, record food and beverage per caps, and year-over-year box office results that again exceeded the North American industry,” stated Mark Zoradi, Cinemark’s CEO. “We remain optimistic about film content for the remainder of the year, as well as the future growth potential that our strong foundation and strategic initiatives provide for our Company.”

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

Categories

Earnings Guidance Management Comments

Next Articles