Cinemark Holdings Q3 revenue beats estimates
CNK•Cinemark Holdings reported Q3 revenue of $1.06 billion, above the $1.02 billion consensus estimate. Adjusted EPS was $1.04 and adjusted EBITDA was $267.6 million.
1. Quarterly results
Cinemark Holdings' Q3 revenue was $1.06 billion, beating analyst expectations of $1.02 billion. Adjusted EPS was $1.04, and adjusted EBITDA was $267.6 million.
2. Operating factors
The company cited expanded food and beverage offerings, luxury seating, advanced projection technology and loyalty programs as supporting the guest experience and customer engagement. It did not provide specific financial guidance for current or future periods.
