Previous close | 12.50 |
Open | 12.50 |
Bid | 14.90 |
Ask | 16.20 |
Strike | 30.00 |
Expiry date | 2024-09-20 |
Day's range | 12.50 - 12.50 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Despite industry headwinds, Cinemark showcases robust revenue growth and strategic debt reduction in the first quarter of 2024.
Q1 2024 Cinemark Holdings Inc Earnings Call
Cinemark Holdings Inc (NYSE:CNK) reported a fiscal first-quarter 2024 sales decline of 5.2% year-on-year to $579.20 million, beating the analyst consensus of $560.38 million. EPS of $0.19 beat the analyst consensus loss of $(0.20). Admissions revenue decreased 6.8% to $289.8 million, and concession revenue declined 4.9% to $224.2 million, driven by a 7.5% decrease in attendance to 39.7 million patrons. Also Read: Netflix's 2024 Gains Are Cinema's Loss: AMC Shares Slump Despite Box Office Boost F