CNK Stock Recent News
CNK LATEST HEADLINES
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 reported third-quarter earnings that were well above expectations, boosted by a jump in admissions, including a record domestic box office in July. The company swung to net income of $90.2 million, or 61 cents a share, from a loss of $24.5 million, or 20 cents a share, in the year-ago period.
Shares of the Cinemark Holdings Inc (NYSE:CNK) are flat this afternoon, last seen up 0.2% at $16.60, ahead of the company's third-quarter earnings call.
Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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 third quarter 2023 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, November 3, 2023 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?.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Movie theater chains, at least some, are reeling in the profits as audiences flock back. Cinemark Holdings Inc. NYSE: CNK pivoted back to profitability in the most recent quarter after suffering losses in most quarters since 2020.
“Taylor Swift: The Eras Tour” hits movie theaters on Oct. 13, and the eagerly anticipated concert film looks set to break more records amid huge interest.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Taylor Swift's concert film hasn't even been released yet and it's already toppling box-office records.
Cinemark Holdings Inc. is seeing record demand for the “Taylor Swift The Eras Tour” concert film, which hits theaters Oct. 13.