CNK / Cinemark stock surges after surprisingly swinging to first profit in 2 years as revenue soars nearly 7-fold

Start Time: 08:30 January 1, 0000 9:41 AM ET Cinemark Holdings, Inc. (NYSE:CNK ) Q3 2023 Earnings Conference Call November 03, 2023, 08:30 AM ET Compa more_horizontal

Shares of AMC Entertainment Holdings Inc. climbed Friday after rival Cinemark Holdings Inc.'s third-quarter top- and bottom-line beat. more_horizontal

Cinemark Holdings (CNK) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to more_horizontal

The 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 millio more_horizontal

Cinemark revenue set a record in the third quarter, thanks to blockbusters like Barbie and Oppenheimer, and even notched a 6% gain over pre-pandemic 2 more_horizontal

Shares of Cinemark Holdings Inc. CNK, +1.63% rallied 2.4% toward a fifth-straight gain in premarket trading Friday, after the movie theater operator r more_horizontal

Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal

PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today more_horizontal