Cinemark Holdings (CNK) Tops Q1 EPS by 7c

Cinemark Holdings (NYSE: CNK) reported Q1 EPS of $0.68, $0.07 better than the analyst estimate of $0.61. Revenue for the quarter came in at $779.6 million versus the consensus estimate of $751.01 million.

“I am delighted to report another record-breaking quarter for Cinemark’s worldwide operations,” stated Mark Zoradi, Cinemark’s Chief Executive Officer. “This marks our 4th consecutive year of first-quarter records. We were able to leverage the strength in our attendance of nearly 75 million guests to generate first-quarter records in total revenues, net income, Adjusted EBITDA and earnings per share. We are thrilled to have kicked-off the year on such a high note and remain enthusiastic about the upcoming film slate, as well as the execution of our strategic initiatives.”

For earnings history and earnings-related data on Cinemark Holdings (CNK) click here.

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