% | $
Quotes you view appear here for quick access.

Cinemark Holdings, Inc. Message Board

  • tummyrules1 tummyrules1 May 5, 2011 9:52 AM Flag

    Cinemark Topped Q1 Estimates, Tenth Consecutive Quarter Of Domestic Industry Outperformance

    Comtex SmarTrend(R)
    Cinemark (NYSE:CNK) reported Q1 EPS of $0.22, ahead of consensus estimates of $0.13 per share. Revenues for the quarter fell 6.5% year-over-year to $483.1 million, topping consensus estimates of $469.6 million.

    "Despite the lackluster film slate for the first quarter of 2011, Cinemark's geographic diversity and operating discipline helped us post our tenth consecutive quarter of domestic industry out-performance and maintain solid margins," stated Alan Stock, Cinemark's Chief Executive Officer. "Our international segment continues to benefit from the overall healthy economic climate throughout Latin America, posting a 19.4% increase in total revenues over the prior year."

    Cinemark has a potential upside of 16.5% based on a current price of $19.97 and an average consensus analyst price target of $23.27.

    Cinemark is currently above its 50-day moving average (MA) of $19.55 and above its 200-day of $17.57.

    In the last five trading sessions, the 50-day MA has climbed 0.28% while the 200-day MA has risen 0.56%.

    Cinemark Holdings, Inc. operates movie theaters. The Company operates in the United States and Latin America.

    Write to Chip Brian at

39.96-0.01(-0.03%)Oct 21 4:02 PMEDT