Cinemark Likely To Report Narrower Q4 Loss; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

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Cinemark Holdings, Inc. (NYSE: CNK) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 16, 2024.

Analysts expect the Plano, Texas-based company to report a quarterly loss at 13 cents per share, compared to a year-ago loss of 82 cents per share. Cinemark is projected to report quarterly revenue of $619.68 million, compared to $599.7 million in the year-earlier quarter, according to data from Benzinga Pro.

Cinemark, during November, reported third-quarter FY23 sales growth of 34.5% year-on-year to $874.80 million, beating the analyst consensus of $847.28 million.

Cinemark shares rose 4.9% to close at $16.55 on Thursday.

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