Cinemark Holdings Inc. (CNK) revealed earnings for its second quarter that Increases, from the same period last year but missed the Street estimates.
The company's earnings totaled $93.5 million, or $0.63 per share. This compares with $45.8 million, or $0.32 per share, last year.
Analysts on average had expected the company to earn $0.75 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 28.1% to $940.5 million from $734.2 million last year.
Cinemark Holdings Inc. earnings at a glance (GAAP) :
-Earnings: $93.5 Mln. vs. $45.8 Mln. last year.-EPS: $0.63 vs. $0.32 last year.-Revenue: $940.5 Mln vs. $734.2 Mln last year.
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