Cinemark Holdings (CNK) Misses Q4 EPS by 57c, Revenue Beats
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Cinemark Holdings, Inc. Reports Results for the Fourth Quarter of 2020
February 26, 2021 6:30 AM ESTPLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and twelve months ended December 31, 2020. The Companys financial results continue to be significantly impacted by the COVID-19 pandemic, as the Companys theatres were closed for an extended period of time beginning in March 2020. The Company began reopening domestic theatres in June 2020 and international theatres in August 2020, following enhanced health and safety protocols. As of December 31, 2020, the Company had 217 domestic and 129 international theatres open to limited hours,... More
