Cinemark (CNK) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended September 2024, Cinemark Holdings (CNK) reported revenue of $921.8 million, up 5.4% over the same period last year. EPS came in at $1.19, compared to $0.61 in the year-ago quarter.The reported revenue represents a surprise of +3.37% over the Zacks Consensus Estimate of $891.75 million. With the consensus EPS estimate being $0.58, the EPS surprise was +105.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Cinemark performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average ticket price - U.S. Operating Segment: $9.98 versus the three-analyst average estimate of $9.71. Average ticket price - International Operating Segment: $3.74 versus $3.75 estimated by three analysts on average. Concession revenues per patron - U.S. Operating Segment: $7.97 compared to the $7.48 average estimate based on three analysts. Concession revenues per patron - International Operating Segment: $2.97 compared to the $2.91 average estimate based on three analysts. Revenue- International Operating Segment- Admissions: $85.20 million compared to the $86.41 million average estimate based on two analysts. The reported number represents a change of -8.8% year over year. Revenue- U.S. Operating Segment- Admissions: $375.20 million versus the two-analyst average estimate of $365.11 million. The reported number represents a year-over-year change of +7.1%. Revenue- U.S. Operating Segment- Other: $42.20 million compared to the $64.63 million average estimate based on two analysts. The reported number represents a change of -34.2% year over year. Revenue- U.S. Operating Segment- Concession: $299.60 million versus the two-analyst average estimate of $281.06 million. The reported number represents a year-over-year change of +11.8%. Revenue- International Operating Segment- Other: $12.20 million versus the two-analyst average estimate of $26.05 million. The reported number represents a year-over-year change of -55%. Revenue- Admissions: $460.40 million compared to the $452.34 million average estimate based on six analysts. The reported number represents a change of +3.7% year over year. Revenue- Other: $94.10 million versus the six-analyst average estimate of $88.29 million. The reported number represents a year-over-year change of +3.2%. Revenue- Concession: $367.30 million versus $351.14 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +8.1% change. View all Key Company Metrics for Cinemark here>>>Shares of Cinemark have returned +11.4% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cinemark Holdings Inc (CNK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks