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Cinemark Holdings Q1 Profit Decreases - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Cinemark Holdings Inc. (CNK) reported first-quarter net income attributable to Cinemark of $32.6 million or $0.28 per share, compared to $42.1 million or $0.37 per share last year. Revenues decreased to $547.8 million from $578.8 million prior year.

Adjusted EBITDA was $116.3 million compared to $140.3 million last year.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit of $0.24 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $550.39 million for the quarter.

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