Shares of Cinemark Hldgs (NYSE:CNK) were flat in pre-market trading after the company reported Q1 results.
Earnings per share fell 232.14% over the past year to ($0.51), which missed the estimate of ($0.18).
Revenue of $543,616,000 decreased by 23.94% from the same period last year, which missed the estimate of $556,570,000.
Cinemark hasn't issued any earnings guidance for the time being.
Cinemark hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jun 03, 2020
Time: 08:30 AM
52-week high: $41.60
52-week low: $5.71
Price action over last quarter: down 44.58%
Cinemark Holdings is the third- largest motion picture exhibitor in the United States. The company operates 4,568 screens in 37 states and 12 Latin American countries. Cinemark generates nearly $2 billion in revenue--approximately 60% from admissions, 30% from concessions, and 10% from other sources, such as in-lobby video games. Most of Cinemark's theaters are located in midsize cities or suburbs of large cities.
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