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Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year's Hollywood writers' and actors' strikes, according to analyst firm Wedbush.
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its first quarter 2024 operating results pre-market and host a webcast and conference call to discuss the results on: Thursday, May 2, 2024 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.html?web.
Movie-theater chain Cinemark Holdings Inc.'s growth prospects are strong, according to Benchmark analyst Mike Hickey.
Cinemark (CNK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Total first-quarter box office performance came out to $1.61 billion, according to Box Office Mojo.
Cinemark (NYSE: CNK) stock price has continued to trounce AMC this year. It has jumped by a whopping 42%, beating the S&P 500 and Nasdaq 100 indices, which are up by about 10%.
Cinemark (NYSE: CNK ) stock is in the news Friday after the movie theater chain was granted a rare double upgrade from Wells Fargo analyst Steven Cahall. The Wells Fargo analysts bumped shares of CNK stock up from an “underweight” rating to an “overweight” rating.
Wells Fargo doled out a double upgrade for Cinemark Holdings, Inc. (NYSE:CNK) to "overweight" from "underweight" and hiked its price target to $23 from $13.
PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Tuesday, March 19: 36th Annual Roth MKM Investor Conference in Dana Point, CA Melissa Thomas, CFO, and Chanda Brashears, SVP Investor Relations 1:1 investor meetings Fireside chat at 10:30 am PT https://wsw.com/webcast/roth48/cnk/1672060 About Cinemark Holdings, Inc.: Cinemark Holdings, In.
People have been staying away from movie theaters in 2024. A weekend earlier in the month drew the smallest audiences in nearly three years.